Shytoshi Kusama, the figure behind the Shiba Inu ecosystem, has responded to recent allegations that the team is focusing more on the new token, TREAT
Shiba Inu’s ecosystem has expanded with the introduction of TREAT, a new reward token, following its airdrop on KuCoin as part of the exchange’s plans to list TREAT. While the community celebrated this development, some expressed concerns regarding the team’s focus on TREAT, alleging that BONE, the ecosystem’s governance token, was being neglected.
A pseudonymous community member, Snow, highlighted this disparity, urging the team to allocate the same dedication to securing BONE’s presence on major trading platforms. Another user, DankDollar, emphasized TREAT’s reliance on BONE and Shibarium for its success, criticizing Kusama for his “irrational” decision-making.
In response to these allegations, Kusama strongly denied any claims suggesting that he would neglect any aspect of the Shiba Inu ecosystem, including BONE. He stated, “You think I would work my tail off for years and forget ANY part of the system,” underscoring his commitment to all components of the project.
BONE, as the governance token of ShibaSwap and the gas token for Shibarium, holds significant importance within the ecosystem. Kusama’s remarks indicate that every project within the ecosystem will receive the necessary attention.
Furthermore, rumors surfaced regarding BONE’s mintability, with a Solidity developer (@shallowhal-i4n) claiming that the BONE token contract remains mintable despite the team’s announcement in 2023 that the contract was renounced.
However, Kusama dismissed these claims as fear, uncertainty, and doubt (FUD), insinuating that the timing of these allegations was intended to coincide with the TREAT launch to create doubt among investors. He added that the team has a planned strategy for rolling out projects and will not be sidetracked by baseless accusations.
Shiba Inu’s lead developer, Kaal Dhairya, also addressed the rumors, clarifying that the BONE contract was made immutable through the TopDog contract, ensuring that no additional tokens can be minted.
As TREAT begins trading on KuCoin, Bitget, and Gate.io, with an airdrop initiative for users on these platforms, Shiba Inu’s ecosystem is setting the stage for further development with both TREAT and BONE playing significant roles in advancing the project’s vision.
