TREAT’s Role in the Ecosystem
Shiba Inu recently announced a $12 million investment to develop TREAT, a non-stable token within its ecosystem. TREAT will play several crucial roles:
- Reward Token: Users who stake or provide liquidity using SHIB tokens will earn TREAT as rewards.
- Governance Token: TREAT holders will have voting rights to shape the ecosystem’s future.
- Gas Token: TREAT will be used for transactions and interactions on the new Layer 3 blockchain.
TREAT’s Synergy with SHIB
TREAT and SHIB work together to enhance the Shiba Inu platform:
- SHIB remains the primary medium for transactions.
- TREAT provides additional rewards and governance capabilities, increasing the value and functionality of the ecosystem.
Layer 3 Blockchain: Enhanced Privacy and Compliance
Shiba Inu is developing a Layer 3 blockchain that offers:
- Enhanced Privacy: Advanced encryption techniques obscure transaction details, protecting user identities and data.
- High Performance: Maintains fast transaction speeds and low costs.
- Regulatory Compliance: Enables auditable private transactions when necessary.
TREAT and Layer 3: A Powerful Combination
TREAT and the Layer 3 blockchain will:
- Attract more users and increase transaction volumes.
- Strengthen Shiba Inu’s position in the crypto space.
- Provide a customizable privacy feature that enhances security and allows for future upgrades.
