CryptiQ Web3’s Strategic Move to ChewySwap: Unveiling the Multisig Wallet and More

CryptiQ Web3 has recently marked a significant milestone in the world of decentralized finance (DeFi) with the introduction of the first multisig wallet on Shibarium. What’s even more exciting is the strategic move to ChewySwap, a decentralized exchange (DEX) that promises a secure and seamless trading experience for users.

To get started, users can set up their wallet on https://wallet.cryptiq.online, and after completing the process, they can access the Custom App section. By adding https://chewyswap.dog and following the prompts, users can now engage in swapping using their multisig account. This move not only enhances the security of transactions but also opens up new possibilities for the CryptiQ community.

ChewySwap itself has acknowledged this integration, proudly announcing the support for CryptiQ’s Gnosis Safe fork on their platform. The collaboration ensures a safe environment for users to engage in decentralized trading, emphasizing the commitment to security and innovation in the ever-evolving DeFi landscape.

The announcement on Twitter also highlighted the support for ChewySwap being in beta, with some UI inconsistencies expected. However, the community’s dedication to safety and collaboration remains unwavering, making strides on Shibarium while prioritizing a strong sense of community.

In another bold move, CryptiQ Web3 is making its presence felt in the ChewySwap ecosystem by announcing its migration at the end of the month. Additionally, they’ve invested in CHEWY tokens through NFT mint funds, further solidifying their commitment to the ChewySwap community. The distribution of these tokens to NFT holders adds an innovative touch, creating an incentive structure that fosters community participation and loyalty.

The community-driven ethos of CryptiQ Web3 is evident in their approach to projects on ChewySwap. Rather than viewing these projects transactionally, they see them as integral parts of a growing family. This perspective emphasizes responsibility for success, with the community actively contributing through an ambassador program and providing assistance to projects with advice and technical support.

With the introduction of multisig wallets on Shibarium, CryptiQ Web3 not only addresses user demands but also adds an extra layer of security to on-chain transactions. The decision to make transactions free further underscores their commitment to promoting security within the ecosystem.

As a symbol of commitment to reducing token supply and potentially increasing scarcity, CryptiQ Web3 executed a buy and burn, sending a substantial number of tokens to a dead address. This blockchain bonfire, as referred to by Dave “BaldToshi,” signifies the community’s dedication to shaping the future of CryptiQ and Shibarium.

In conclusion, CryptiQ Web3’s strategic move to ChewySwap, the introduction of multisig wallets, and the innovative tokenomics demonstrate a commitment to building a robust and secure decentralized ecosystem on Shibarium. As the community continues to grow, and with more features on the horizon for ChewySwap, the future looks promising for CryptiQ Web3 and its dedicated user base.