#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. The token will serve as the utility and governance token for its new privacy-focused Layer3 blockchain. TREAT will play a key role in the Shiba Inu ecosystem, unlocking advanced features of the network state operating system and acting as an access token that integrates rewards, governance, security, and spending into a unified framework, aiming to foster a vibrant and engaged community. The TREAT token is the "utility and governance token" for Shiba Inu's new Layer3 blockchain, which is built on the Ethereum Layer2 blockchain Shibarium. The Shiba Inu team raised $12 million in April 2024 by selling yet-to-be-issued TREAT tokens to fund the development of the blockchain. Details of TREAT have been released on the Shiba Inu website, which outlines the token's key role in the Shiba Inu ecosystem.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
TREAT token is the core of the Shiba Inu ecosystem, it will be used to unlock advanced features of the network state operating system and as an access token, integrating rewards, governance, security and spending.
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 Layer3 blockchain.
The launch of the TREAT token aims to cultivate a vibrant and engaged community.