Shiba Inu Launches TREAT Token – Will Work for Ecosystem Governance and Rewards Shiba Inu is launching TREAT, a new token designed to improve governance, rewards, and utility in its growing ecosystem.
TREAT aims to solidify Shiba Inu’s transition from a memecoin to a functional blockchain network with real-world applications.
The launch aligns with SHIB’s price recovery, generating optimism for sustained growth and increased engagement with the ecosystem.
Shiba Inu is launching TREAT, a new ecosystem token to unlock new features for the platform’s growing network. This launch coincides with SHIB’s forward momentum in recovery, possibly marking a lasting end to the asset’s recent bearish period.
TREAT deals with governance and rewards for the broader ecosystem, and its developers are looking to further transform Shiba Inu from a memecoin to an innovative blockchain network.
Shiba Inu to Launch TREAT
Shiba Inu (SHIB), the second-largest memecoin by market cap, is adding a new asset to its blockchain ecosystem: TREAT. The company has been planning this launch for several months since it initially explored governance tokens with a DAO launch.
Today, it formally announced the launch of TREAT via social media, including a more detailed list of its features.
The new year begins with TREAT! The wait is over, TREAT launches this January. Let’s start 2025 strong!” the Shiba Inu team posted on X (formerly Twitter).
The company’s website clearly states that TREAT is a practical asset, “the key that unlocks all the enhanced capabilities of our evolving network state.” Its core functions relate to rewards and governance of the Shiba Inu ecosystem, powering yield farming, decision making, cryptocurrency payments.