shiba inu The excitement of the meme coin’s layer-2 blockchain Shibarium has obscured another major development in the work of its Dogecoin competitor. Two new ecosystem tokens will be available soon.
Lead developer Shytoshi Kusama is one of the newest additions to Shiba Inu’s ecosystem. treat He stated that there is a reward-based token called (TREAT).
The team decided to create Treat after the community voted to make Bone ShibaSwap (BONE) a core component of Shibarium.
“Recently the community held a vote separating the BONE allocation for the fabrication of validators and processes in Shibarium, leaving a question for the community. What will be available for rewards for everyone else? We have Treat for that.
NEWS CONTINUES BELOWTreat will not only serve this purpose, but will also receive rewards for the blockchain version of the Metaverse and Shiba Collectible Card Game… This is a big step in the eventual descent of this massive project towards complete decentralization.”
Second official Shiba Inu ecosystem altcoin in the works shi A stablecoin called (SHI).
Kusama says the team is focused on avoiding the issues that plague numerous stablecoins, including the epic failure of Terra Luna’s TerraUSD (UST).
“It goes without saying that after watching other stablecoins collapse and billions of dollars completely wiped from the market, Shi is a cause for concern…
As for Shi, we’ve seen development independent from a group of developers in our decentralized network. They offered a version of the shi that avoided the problems found in other moonshots and allowed the shi to be used to balance payments that had to be made without market fluctuations.
This will be an experimental protocol like everything Shib does decentralized and when finalized a more detailed and complex set of information about this token will be published.”
While exact dates have not been announced, other projects are scheduled to launch this year.
The current list of official tokens in the Shiba Inu ecosystem is Shiba Inu (SHIB) itself, Bone ShibaSwap (BONE), which will be used to pay gas fees on the scalable Shibarium network, and LEASH (LEASH), a mysterious token whose official use case is shapeshifting and shrouded in secrecy.