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Cryptocurrency News Articles
Shiba Inu (SHIB) Unveils TREAT, Its Final Ecosystem Token, Slated for January 2025 Launch
Jan 03, 2025 at 09:00 pm
Shiba Inu Inc. has officially announced the introduction of its final ecosystem token, TREAT, slated for launch in January 2025. This addition expands the Shiba Inu ecosystem, which currently comprises SHIB, BONE, and LEASH, positioning TREAT as a pivotal component in the network's rewards and governance mechanisms.
Shiba Inu’s Fourth Token Will Launch In January
Shiba Inu Inc. has announced the final addition to its ecosystem with the introduction of TREAT, a new token slated for launch in January 2025. This announcement marks the completion of the core Shiba Inu ecosystem, which now includes SHIB, BONE, and LEASH. TREAT will play a central role in the network's rewards and governance mechanisms.
Shiba Inu’s Fourth Token Will Launch In January
The announcement was first teased via the official Treat Twitter account (@treatsforShib) on January 2, with the message: “The new year begins with TREAT! Wait is OVER, TREAT is launching this January. Let’s kick off 2025 with a bang!” This was followed by a retweet from Shytoshi Kusama, the lead developer of Shiba Inu, who confirmed the launch with the statement: “SOON.”
Later, more detailed information about TREAT was unveiled on the official Shiba Inu website. This addition to the ecosystem is designed to unlock advanced functionalities of the network state operating system. TREAT will serve as an access token that integrates rewards, governance, security, and spending into a unified framework, aiming to foster a vibrant and engaged community.
“By holding TREAT, you gain exclusive access to forward-looking features and services designed to reshape digital interactions. Whether you're exploring cutting-edge payment solutions or diving into new realms of virtual collaboration, TREAT serves as your all-access pass to a more innovative and interconnected future,” the website states.
One of the key features powered by TREAT is the “WOOF Wars: Farming 2.0,” which is described as an advanced yield farming mechanism intended to maximize earnings for Shiba Inu users. This mechanism employs veTREAT (vote escrowed TREAT), where participants can influence liquidity pair rewards through dynamic gauge voting. Liquidity providers stand to earn additional TREAT rewards over and above the trading fees.
Furthermore, TREAT will play a critical role in the governance of the “Innovation Branch of the Network State.” This function will enable SHIB users to engage in strategic investments in projects, creating an environment where community members can actively shape the ecosystem.
Through regular voting opportunities, token holders will be able to align liquidity incentives with the prevailing market dynamics, ensuring that the ecosystem remains responsive and adaptive to changing conditions. “By staking TREAT, holders amplify their governance influence, deepening the token's role in critical decision-making processes,” the official documentation adds.
In addition to its governance and rewards functionalities, TREAT will also facilitate real-world utility through SHIB Pay, an on-chain payment system. “With TREAT, users can make direct payments, bypassing traditional processors, while ensuring transparency and trust through blockchain verification. This innovation paves the way for a new era of crypto-powered commerce,” the Shiba Inu website asserts.
At press time, SHIB is trading at $0.00002264, down 0.6% over the past 24 hours and up 10.2% over the last seven days.
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- Chile Pushes for National Bitcoin Reserve, Signaling Growing Cryptocurrency Adoption in Latin America
- Jan 05, 2025 at 09:06 pm
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