PANews reported on January 3rd that Shiba Inu Inc. has officially announced that it will launch its ecosystem token TREAT in January 2025. The announcement was first released on January 2nd through the official Treat X account, and Shiba Inu's lead developer Shytoshi Kusama further confirmed the news. Detailed information about TREAT is now available on the Shiba Inu official website, which outlines the key role of the token in the Shiba Inu ecosystem. TREAT is designed to unlock advanced features of the network state operating system as an access token that integrates rewards, governance, security, and spending into a cohesive framework designed to cultivate a vibrant and engaged community.
Earlier in April last year , the Shiba Inu team raised $12 million by selling unissued TREAT tokens to non-US venture capital investors to develop its new privacy-focused Layer3 blockchain. According to Shiba Inu, the TREAT token is the "utility and governance token" of its new privacy-focused Layer3 blockchain, which is built on the Ethereum Layer2 blockchain Shibarium.
