All About Shiba Inu Treat(TREAT)

2025-02-07 06:04:51
Beginner
Quick Reads
Shiba Inu Treat (TREAT) is the latest meme token in the Shiba Inu ecosystem, serving as a "utility and governance token" in the Shiba Inu ecosystem to support the Layer3 blockchain of Shiba Inu. This article will analyze in depth the background, function, token economics, and market performance of the TREAT token, helping users better understand the potential and value of this token.

What is Shiba Inu Treat (TREAT)?


Source:https://x.com/treatsforShib

Shiba Inu Treat (TREAT) is the latest meme token in the Shiba Inu ecosystem, which was launched on the Ethereum mainnet on January 14, 2025. As a “utility and governance token” in the Shiba Inu ecosystem, TREAT will provide support for Shiba Inu’s Layer3 blockchain. This blockchain will be based on Shiba Inu’s Ethereum Layer2 solution - Shibarium, which focuses on enhancing privacy protection and security while ensuring compliance.

The launch of the TREAT token marks further development of the Shiba Inu ecosystem, playing important roles in governance, privacy protection, and data security throughout the Shiba Inu ecosystem. Shytoshi Kusama, the core developer of Shiba Inu, stated that TREAT will be the final non-stablecoin in the Shiba Inu ecosystem and will work together with the upcoming new token Shi to promote diversified development of the ecosystem.

The core function of the TREAT token


Source:https://shib.io/tokens/treat

  1. Reward Mechanism
    The TREAT token is the core reward token in the Shiba Inu ecosystem, and users can earn TREAT rewards by participating in activities within the ecosystem. The reward mechanism for TREAT includes but is not limited to liquidity provider rewards, governance voting rewards, etc. Shiba Inu’s WOOF Wars: Farming 2.0 is an innovative yield farming mechanism based on TREAT tokens, and users can use veTREAT (voting proxy for TREAT) to influence liquidity provider rewards and enjoy additional reward earnings.
  2. Governance and Voting Rights
    The TREAT token also serves as a governance token in the Shiba Inu ecosystem. Users holding TREAT can participate in the decision-making process of the Shiba Inu ecosystem, voting on significant matters such as fund allocation and partner selection within the project. This mechanism allows members of the Shiba Inu community to participate in various aspects of ecosystem development, enhancing the transparency and participation of decentralized governance.
  3. Enhanced privacy and security
    Shiba Inu’s Layer3 blockchain focuses on privacy protection and data security, and the TREAT token plays a crucial role in this process. The privacy protection function of TREAT ensures that users can maintain the confidentiality of data when conducting transactions and provides security protection for users through the identity verification system. Kusama stated that TREAT will help the Shiba Inu ecosystem comply with international regulations while enhancing the security and compliance of the system.
  4. Digital Payment and Commercial Applications
    The TREAT token is also used in the payment system within the Shiba Inu ecosystem - SHIB Pay. Through SHIB Pay, users can directly use TREAT for cryptocurrency payments, bypassing traditional payment processors, thereby achieving a more efficient and transparent transaction process. This innovation promotes the application of cryptocurrency in the real world, expanding the actual value of TREAT.
  5. Unlock advanced features
    As the “passport” of the Shiba Inu ecosystem, the TREAT token can unlock many advanced features. Users holding TREAT will be able to access innovative features within the ecosystem, such as future payment solutions, virtual collaboration platforms, and more. These features will provide users with more business opportunities and investment channels.

TREAT token economics and market performance

The tokenomics of Shiba Inu Treat (TREAT) is meticulously designed to ensure the long-term stability and development of the ecosystem. The total supply of TREAT tokens is 10 billion, and as of the time of writing (January 24, 2025), the market value is 22.1239 million US dollars.


Source:https://shib.io/tokens/treat

  • Protocol development (20%): will be used to support the technological enhancement, functional expansion, and maintenance of the platform’s core functions. After 1 month of lock-up, 20% of the tokens will be gradually released, lasting for 33 months.
  • Protocol Sale (14%): Will be used for strategic sales to introduce liquidity, attract strategic partners and investors, and expand the distribution of tokens among investors supporting the project vision. 15% of the tokens will be unlocked during the TGE, and the remaining portion will be released linearly starting 3 months later.
  • Foundation (4%): will be used for governance, legal and other managerial or structural work to support the development and enhancement of the ecosystem. The foundation’s tokens will start to be released linearly after an 11-month lock-up period.
  • Community and Launch (30%): Will be used to fund community-driven activities, marketing promotions, and launch activities, aiming to promote user adoption, incentivize participation, and enhance the influence of the Shiba Inu ecosystem. During the TGE, 30% of the community tokens will be locked, and the rest will be gradually released over 34 months.
  • Ecosystem growth (32%): will support the long-term expansion of the ecosystem, including strategic initiatives such as developer rewards, partnership relationships, third-party integrations, etc. 28.25% will be unlocked during TGE, and the remaining tokens will be gradually released over 41 months.

Since the launch of the TREAT token, the market has shown great attention and interest in it. According to the Shiba Inu team, the launch of the TREAT token is not only a part of the Shiba Inu ecosystem, but also an innovative ‘ultimate token’ that will drive the Shiba Inu ecosystem towards higher privacy protection, data security, and decentralized governance.

The TREAT token has also received support from several major venture capital firms. In April last year, the Shiba Inu team raised $12 million by selling TREAT tokens to non-US venture capital firms, which will be used to develop Shiba Inu’s Layer3 blockchain. Investors include well-known institutions such as Polygon Ventures, Animoca Brands, and DWF Ventures. This round of financing demonstrates that the TREAT token has been recognized by industry professionals and has considerable market potential.

Although the market performance of TREAT is still in its early stages, with the gradual expansion of the Shiba Inu ecosystem and the widespread application of TREAT in areas such as privacy protection, payment systems, and governance, its market value is expected to gradually increase, and become an undeniable force in the cryptocurrency market.

Gate.com spot has now listed TREAT, start trading now:https://www.Gate.com/trade/TREAT_USDT

Conclusion

The launch of Shiba Inu Treat (TREAT) token not only adds new impetus to the Shiba Inu ecosystem, but also brings more innovation to the global cryptocurrency market. Through the TREAT token, Shiba Inu further deepens its layout in privacy protection, governance, reward mechanisms, and commercial applications. As the Shiba Inu ecosystem continues to grow, the TREAT token is expected to become an important part of blockchain technology applications and bring new opportunities to investors.

In the future market, the performance of the TREAT token is worth looking forward to. It not only carries multiple functions of the Shiba Inu ecosystem, but also brings more possibilities for the development of decentralized communities. As the ‘ultimate token’ of the Shiba Inu ecosystem, TREAT is undoubtedly an important project worth paying attention to.

Author: Molly
Reviewer(s): Max
Disclaimer
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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