Shibnobi Reveals First Look at DojoSwap via Live Stream

Paigambar Mohan Raj
Source: Shibnobi, YouTube

Shibnobi has revealed its multi-swap platform, DojoSwap, in a live stream, which was a part of its latest AMA. The Shibnobi community has been eagerly waiting on the release of the much-anticipated swap platform. 

The live reveal was in fact a test run, and was held by  Cliff Fetner, CEO of Shibnobi, and was joined by guest Tedi Ganja from The Crypto Future. 

DojoSwap now has a new skin from what we’ve seen before, with the addition of a “dark” mode. The new skin is akin to Shibnobi’s “ninja” theme and has a very “dojo-ey” feel, according to Fetner. 

The duo successfully went through the testing and swapped ETH for some SHINJA, without any hassle. They then reversed the swap, buying back the ETH with SHINJA, again without any problems. Fetner then went on to explain the different features on the menu tab of the platform. 

The platform has gone through multiple testing phases and is now finally after much anticipation, very close to release. According to Fetner, the platform will be released 

“Very, very, very, very soon.”

Shibnobi DojoSwap release plans

DojoSwap by Shibnobi will be released in three stages. Swap over Ethereum [ETH], Binance Smart Chain [BSC], and Polygon [MATIC] would be the first. DojoSwap, unlike other DeFi platforms, is intended to dabble in various chains. Users will be able to conduct seamless blockchain transactions across many chains using the platform, which is based on a decentralized automated market maker mechanism that leverages liquidity pools.

The second edition would be released approximately two or three weeks following the first. On Shibnobi’s DojoSwap, the developers would include transaction logs, images, charts, and other data as needed.

Finally, two to three weeks later, version three would be enabled, which would feature a bridge between the three chains on DojoSwap. Shibnobi has a lot planned for 2022, but DojoSwap is likely to transform the Decentralized Finance aka DeFi industry, according to reports.

Fetner also mentioned that their staking platform is also in the works and will be “coming soon.” 

You can watch the live reveal on Shibnobi’s official YouTube channel.