Shiba Inu to launch SHI stablecoin, TREAT reward token in 2022

2 years ago

Shiba Inu (SHIB) pb developer Shytoshi Kusama has released a caller update for the meme coin assemblage connected the plans to motorboat a stablecoin and reward token.

SHI stablecoin

According to Kusama, the SHI stablecoin won’t beryllium affected by marketplace fluctuations.

He admitted that determination are present valid concerns astir stablecoins pursuing the crash of Terra UST (USTC). But according to him, the mentation of SHI presently successful improvement avoids each the issues of projects similar Terra (LUNA).

“As for SHI, we person seen autarkic improvement from a radical of developers successful our decentralized network. They person submitted a mentation of SHI that seems to debar the issues recovered successful different moonshots.”

The developer added that the SHI stablecoin would beryllium disposable this twelvemonth if everything goes arsenic planned.

TREAT token

Kusama said that a caller token, TREAT, would articulation the Shiba ecosystem.

TREAT volition service arsenic a reward token for everyone successful the SHIB ecosystem, portion the BONE token would beryllium the reward token for validators successful Shibarium.

Meanwhile, loyal Breed members would person a constricted proviso of TREAT reserved for them due to the fact that they person withstood each the caller criticisms astir the project.

“(TREAT) volition deduce rewards for the Metaverse, and the blockchain mentation of the Shiba Collectible Card Game, arsenic good arsenic for helping to supply equilibrium to Shi!”

Kusama concluded that the caller token would payment the Shiba Inu ecosystem and assistance its afloat decentralization.

Updates connected Shibarium, Metaverse, and Shiba Card game

The blog station besides included updates astir the Shibarium -a layer-2 web that has been successful the works for a while.

The pb developer mentioned that caller developers are moving connected the project, though determination is nary day yet for its launch.

On the plans to physique a Metaverse, the developer revealed that the plans had deed a impermanent snag, but that has been resolved, and “the squad is inactive dedicated to gathering the champion MV connected the planet.”

Kusama besides hinted astatine a caller collectible paper crippled developed by Playside and Shiba Games, saying much accusation would beryllium released astir the game.

The station Shiba Inu to motorboat SHI stablecoin, TREAT reward token successful 2022 appeared archetypal connected CryptoSlate.

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