Shiba Inu Inc. has revealed plans to launch its final ecosystem token, TREAT, in January 2025.
Designed to complement existing tokens SHIB, BONE, and LEASH, TREAT is set to play a vital role in governance, rewards, and new functionalities within the Shiba Inu ecosystem.
Announced via the official Treat Twitter account on January 2, the token’s launch was further confirmed by Shiba Inu’s lead developer, Shytoshi Kusama. According to the Shiba Inu website, TREAT will act as a gateway to advanced features, merging rewards, governance, and real-world utility to foster a more dynamic community.
One key feature is “WOOF Wars: Farming 2.0,” an innovative yield farming mechanism using vote escrowed TREAT (veTREAT). This allows users to vote on liquidity pair rewards, maximizing earnings for liquidity providers while aligning incentives with community goals.
TREAT also enhances governance by enabling holders to participate in strategic decisions, ensuring the ecosystem remains flexible and community-driven. Additionally, it powers SHIB Pay, a blockchain-based payment system that offers secure, direct transactions without traditional processors.
With TREAT, Shiba Inu aims to solidify its position in the crypto space, creating a more interactive and innovative ecosystem for its growing community.
Traders are rapidly shifting their focus to Ethereum and altcoins after Bitcoin’s recent all-time high triggered widespread retail FOMO.
Ethereum saw an explosive surge in institutional demand this week, with spot exchange-traded funds (ETFs) posting their highest single-day inflow on record. O
Fartcoin (FARTCOIN) is once again leaving a trail of strong gains as the crypto market rallies. In the past 24 hours alone, the token has produced an 18.2% return as trading volumes have exploded. Data from CoinMarketCap shows that Fartcoin’s volumes have more than doubled during this period. More than $500 million worth of this […]
The cryptocurrency market is experiencing a notable shift in capital flows as Bitcoin’s market dominance has dropped to 61.6%, marking a 2.36% decrease.