Shiba Light is a decentralized exchange (DEX) that runs on the Solana blockchain. The platform’s native token, SHIBT, powers the entire protocol. Shiba Light aims to become one of the leading DEX on the Solana blockchain. Shiba Light also aims to offer near-instant transactions, almost zero fees, and an ecosystem backed by the deflationary SHIBT token. The term deflationary token indicates a process where the total supply is consistently decreasing, making the token rarer. Further, the platform intends to add an NFT (non-fungible token) marketplace where users can trade or mint NFTs. 

Shiba Light is committed to helping grow the crypto space and aims to develop a token launchpad. The launchpad intends to help small projects raise capital through an IDO (Initial DEX Offering) or presale. In the crypto world, it is challenging to earn traders' trust for any new and genuine project. Shiba Light aims to solve the problem by acting as a middleman to offer improved security to traders and prevent early scams. The platform also intends to allow the new projects to get featured on the site of Shiba Light and offer a broad audience to grow and gain publicity instantly. 

The platform intends to distribute 50% of the total revenue generated to the token holders. Shiba Light currently offers DEX as the feature of the platform. The DEX can perform 10000+ transactions per second and offers a wide variety of markets. DEX also offers a grid trading bot to users for automated profits. The platform aims to offer more features in the year 2022: token launchpad and NFT marketplace BETA. 

Shiba Light has allocated the total token supply as follows: 

The total supply of SHIBT tokens is 100,000,000 SHIBT.