#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, which is 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 aimed at fostering a vibrant and engaged community. Shiba Inu 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 is the "utility and governance token" for its new privacy-focused Layer3 blockchain, which is built on the Ethereum Layer2 blockchain Shibarium. TREAT is designed to unlock the advanced features of the network 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. Previously, 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. Details of TREAT are now available on the Shiba Inu website, which outlines the token's key role within the Shiba Inu ecosystem.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
TREAT token is an integral part of the Shiba Inu ecosystem, designed to unlock the functionality of the network state operating system and serve as an access token, integrating rewards, governance, security, and spending into one framework.
TREAT token is the utility and governance token for Shiba Inu's new privacy-focused Layer3 blockchain, built on top of the Ethereum Layer2 blockchain Shibarium.
Shiba Inu raised $12 million by selling yet-to-be-released TREAT tokens to develop its new privacy-focused Layer3 blockchain.
The launch of the TREAT token aims to cultivate a vibrant and engaged community.