Shiba Inu Inc. has officially revealed the impending launch of its final ecosystem token, TREAT, which is scheduled for January 2025. This strategic addition aims to enhance the existing Shiba Inu suite—comprising SHIB, BONE, and LEASH—by positioning TREAT as a cornerstone in the network's reward and governance frameworks.
The revelation came initially via the official Treat Twitter account (@treatsforShib) on January 2. The tweet excitedly declared: "The new year begins with TREAT! Wait is OVER, TREAT is launching this January. Let’s kick off 2025 with a bang!" Shytoshi Kusama, Shiba Inu's lead developer, also confirmed this with the brief statement: "SOON."
For more comprehensive details, the official Shiba Inu website describes TREAT's integral role in their ecosystem. TREAT is crafted to unlock the advanced functions of the network state operating system. It operates as an access token, amalgamating rewards, governance, security, and expenditure into a unified framework that aims to cultivate an active and engaged community.
According to the website, "By holding TREAT, you gain exclusive access to forward-looking features and services designed to reshape digital interactions. Whether exploring groundbreaking payment solutions or immersing in new realms of virtual collaboration, TREAT serves as your all-access pass to a more innovative and interconnected future."
A standout feature enabled by TREAT is the "WOOF Wars: Farming 2.0," an advanced yield farming mechanism intended to optimize user earnings. This system employs veTREAT (vote escrowed TREAT), allowing participants to impact liquidity pair rewards via dynamic gauge voting. This empowers liquidity providers to earn extra TREAT rewards alongside trading fees.
Furthermore, TREAT is instrumental in governing the "Innovation Branch of the Network State." It allows SHIB users to participate in strategic project investments, creating a community-driven environment where members can actively influence ecosystem development.
Holders engage in regular voting sessions, aligning liquidity incentives with current market dynamics, which ensures the ecosystem's adaptability and responsiveness to evolving conditions. The official documentation highlights this, stating, "By staking TREAT, holders amplify their governance influence, deepening the token’s role in critical decision-making processes."
In addition to its governance and rewards roles, TREAT offers tangible utility through SHIB Pay, an on-chain payment system.
The website claims, "With TREAT, users can make direct payments, bypassing traditional processors, while ensuring transparency and trust through blockchain verification. This innovation heralds a new era of crypto-powered commerce."
At the time of reporting, SHIB's trading price stood at $0.00002264.