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Cryptocurrency News Articles

Shiba Inu (SHIB) Unveils Plans to Launch TREAT Token in January 2025

Jan 04, 2025 at 03:00 pm

Shiba Inu (SHIB) Unveils Plans to Launch TREAT Token in January 2025

Shiba Inu (CRYPTO: SHIB) Inc. has announced plans to launch its final ecosystem token, TREAT, in January 2025.

Designed to complement existing tokens SHIB, BONE, and LEASH, TREAT is set to play a vital role in governance, rewards, and new functionalities within the Shiba Inu ecosystem.

Announced via the official Treat Twitter account on January 2, the token’s launch was further confirmed by Shiba Inu’s lead developer, Shytoshi Kusama. According to the Shiba Inu website, TREAT will act as a gateway to advanced features, merging rewards, governance, and real-world utility to foster a more dynamic community.

One key feature is “WOOF Wars: Farming 2.0,” an innovative yield farming mechanism using vote escrowed TREAT (veTREAT). This allows users to vote on liquidity pair rewards, maximizing earnings for liquidity providers while aligning incentives with community goals.

TREAT also enhances governance by enabling holders to participate in strategic decisions, ensuring the ecosystem remains flexible and community-driven. Additionally, it powers SHIB Pay, a blockchain-based payment system that offers secure, direct transactions without traditional processors.

With TREAT, Shiba Inu aims to solidify its position in the crypto space, creating a more interactive and innovative ecosystem for its growing community.

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