As we approach the release of both Pawswap and Shibarium, we continue to accelerate development exponentially. For those that missed our update on the official $PAW twitter account, we are very close to BETA release of Pawswap:
1. The next phase of $PAW:
$PAW was launched on ETH and has now been deployed on both BSC and Polygon networks using the same contract address to make it easier for new and existing investors to keep track of $PAW across multiple chains.
2. Pawswap has gone under initial alpha testing with great results. Nodes are being implemented and when completed Pawswap will be fully functional. Once fully functional Pawswap will release in a limited fashion for initial BETA testing.
3. We are preparing to release BETA testing of Pawswap prior to Shibarium launch which will allow us to speed up current development timelines and give us faster feedback and more robust testing for any fixes that need implemented.
4. The Pawswap BETA will support multiple networks like ETH, Polygon and BSC. Our native token bridge will be implemented to allow for this multichain facilitation to be as easy and convenient as possible.
5. As soon as Shibarium is live, Pawswap multichain DEX, will be fully implemented with support of the Shibarium network. To do this, it was vital that we amplify our development speed of BETA to allow for pre-launch testing prior to Shibarium release.
6. Pawswap is not just the first DEX on Shibarium, it is the first multichain cross network compatible DEX to implement its own native bridge to facilitate the transition of assets and trading capabilities onto Shibarium for users of the ETH, BSC and Polygon networks. $PAW will open doors and connect Shibarium to all other chains in existence.
7. To the $PAW family, we thank you for the continued support and we are extremely excited to share this opportunity with you. Pawswap is the future of decentralized finance, let’s build for it.
As you may have noticed, we are far ahead of the Road Map schedule on the $PAW website. This would not be possible without both the $PAW community and an expansive team of experienced and dedicated developers. The roadmap will be updated with new and exciting goals to better reflect our current situation and development goals, but for now, let’s discuss why $PAW and Pawswap has such a massive opportunity on Shibarium.
Benefits of Shibarium
Shibarium’s impact is quite understated within the mainstream crypto community in terms of overall attention it will bring back into our space. Shiba was arguably the most important catalyst of crypto’s explosion into the mainstream in 2021. It brought mass attention, and with it, mass volume. Shibarium will have similar results for $PAW and Pawswap, as we capitalize on the opportunity to be a first mover within the Shibarium ecosystem.
The faster and lower transaction fees Shibarium provides will further enhance its quick adoption.
Pawswap will work to improve upon these even further to provide the fastest and cheapest DEX on the market. Pawswap will also be the first to have cross chain capabilities with a deep liquidity pool to support multiple chains bridging onto Shibarium.
The security and scalability of Shibarium will be improved as they are building on top of Ethereum.
Pawswap will add an extra layer to utilize this scalability and security and improve upon these components. Scalability is one of the biggest puzzles to solve for mass adoption of companies like Twitter and Apple into Web 3 Blockchain technology. To improve the efficiency and sustainability of long-term growth, scalability and security are a number one priority.
As sentiment improves, so does gross cash flow in and out of the market. As volume increases, so does revenue share from the increased use of Shibarium and in turn of Pawswap. As revenue increases, so does the ability to implement infinite ways to expand the $PAW brand through different mechanisms and events:
Token burns, buy-backs, community events, giveaways, marketing, additionally utility and development.
The list of possibilities is endless, and we have wonderful plans to implement these mechanisms and accelerate the growth of both the $PAW token and Pawswap.
The integration of major companies into Web 3 and crypto based technology is a treasure trove of massive untapped potential in bridging traditional finance with Shibarium and Pawswap. Shibarium will have some of the fastest transactions and lowest cost of entry, lowering the barrier for entry much lower than other chains like Ethereum. So, this will be attractive not only to the public but for gaming, social media, supply chain, real estate, etc. Pawswap will also capitalize on the opportunity to merge with ‘the real world’ and onboard the volume major fortune 500 and triple A companies will bring to the table with Shibarium and the continued evolution of the crypto space.
While we inch closer to BETA testing we encourage the $PAW family to keep spreading the $PAW message far and wide. As we grow the pack, remember to continue to work together, lend a hand and we will grow from a small pup to a powerful alpha leader.
We are near and they are coming…
