#Shiba Inu Launches Ecosystem Token#
Hot Topic Overview
Overview
Shiba Inu has announced that it will launch its ecosystem token, TREAT, in January 2025. The token will serve as the utility and governance token for its new privacy-focused Layer3 blockchain, built on top of the Ethereum Layer2 blockchain Shibarium. The TREAT token is designed to unlock the advanced capabilities of the network's state operating system, acting as an access token that integrates rewards, governance, security, and spending into a cohesive framework, aiming to foster a vibrant and engaged community. The Shiba Inu team raised $12 million in April 2024 through the sale of unissued TREAT tokens to fund the development of its new Layer3 blockchain.
Ace Hot Topic Analysis
Analysis
Shiba Inu has announced that it will launch its ecosystem token, TREAT, in January 2025. TREAT will be the "utility and governance token" for its new privacy-focused Layer3 blockchain, which is being built on the Ethereum Layer2 blockchain Shibarium. The TREAT token is designed to unlock advanced features of the network's state operating system, acting as an access token that integrates rewards, governance, security, and spending into a cohesive framework, aiming to foster a vibrant and engaged community. It is reported that the Shiba Inu team raised $12 million in April 2024 through the sale of unsold TREAT tokens to fund the development of its new privacy-focused Layer3 blockchain. The launch of the TREAT token will further enhance the Shiba Inu ecosystem, providing users with richer functionality and a more secure experience.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
TREAT is the core token of the Shiba Inu ecosystem, empowering advanced features for the network's state operating system.
TREAT will serve as an access token, integrating rewards, governance, security, and spending, fostering community participation.
TREAT is the utility and governance token for Shiba Inu's new privacy Layer3 blockchain, built on Shibarium.
Shiba Inu raised $12 million by selling yet-to-be-released TREAT tokens to develop its new privacy Layer3 blockchain.