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Cryptocurrency News Video

Crypto Voice News | Shiba Inu: How the Upcoming TREAT Token Will Benefit the SHIB Ecosystem

Apr 24, 2024 at 03:00 pm Kripto Sesli Haber

Shiba Inu: How Will the Upcoming TREAT Token Benefit the SHIB Ecosystem,
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Shiba Inu marketing expert Lucie recently explained how the upcoming TREAT Token benefits the SHIB ecosystem amidst queries and misunderstandings.

Prepared with special permission from thecryptobasic.com, please click the link to read the original text
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Shiba Inu is set for a significant expansion with the introduction of its latest addition, the TREAT token. Lucie's statement came amid comments from some backers following the announcement of a $12 million funding round dedicated to its development.
Benefits of TREAT to the Shiba Inu Ecosystem,
It shed light on the important role TREAT will play in the SHIB ecosystem. At its core is the ecosystem reward token function. Once operational, users who engage in activities such as staking SHIB assets or participating in liquidity pools will be rewarded with TREAT tokens.
Crypto Basic recently highlighted this, highlighting how members of the Shiba Inu community can earn TREAT. This approach encourages active participation in the ecosystem and supports its growth and sustainability.
Lucie also noted that unlike traditional reward tokens, TREAT offers more than a passive benefit. According to the marketing strategist, TREAT serves a dual purpose as both a governance and gas token in the upcoming Layer 3 blockchain.
In particular, he emphasized that this comprehensive functionality gives users the right to vote and facilitates transactions, adding tangible value to the ecosystem beyond mere incentives.
Moreover, TREAT and SHIB are designed to complement each other perfectly. Users not only contribute to the development of the ecosystem through activities such as staking, but also gain access to governance opportunities and rewards provided by TREAT.
Lucie further elaborated on the importance of TREAT compared to other tokens in the ecosystem. Bone ShibaSwap (BONE) powers the ecosystem's layer-2 network, Shibarium, while TREAT is poised to serve a similar function for the upcoming layer-2 chain.
Shiba Inu's Comprehensive Goal,
As Lucie states in the next post, the goal is to elevate all tokens in the Shiba Inu ecosystem equally. This inclusive approach will ensure that no token is left behind, with each token offering a unique combination of governance and benefits. From SHIB to BONE to LEASH and now TREAT, each token plays a vital role in shaping the future of the ecosystem.
However, it is important to note that the Shiba Inu ecosystem only has three available tokens as of the time of news publishing: SHIB, BONE, and LEASH. The ecosystem team has not yet launched TREAT, which will represent the last volatile token in the ecosystem. Following TREAT, the team will introduce SHI, a stablecoin.
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Disclaimer, The information provided in this video is not investment advice.
financial advice is not trading advice, it is for informational purposes only,
You should not consider any of the video content as investment advice.
Please seek advice from your financial advisor before making any investment decisions.

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