Cryptocurrency

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

Osamu Kusama, lead developer of Shiba Inu (SHIB) release A new update to the Memecoin community regarding plans to activate Stablecoin and reward tokens.

SHI stablecoin

According to Kusama, SHI’s stablecoin is not affected by market fluctuations.

He acknowledged that there are currently valid concerns about Stablecoin after the Terra UST (USTC) crash. However, according to him, the version of SHI currently under development avoids all the problems of projects like Terra (LUNA).

“For SHI, we saw independent development from a group of developers for distributed networks. They submitted a version of SHI that seems to avoid the problems found in other moonshots. “

The developers added that SHI Stablecoin will be available this year if everything goes according to plan.

TREAT token

Kusama said a new token, TREAT, will join the turf ecosystem.

TREAT acts as a reward token for everyone in the SHIB ecosystem, and BONE tokens become Shibarium’s validator reward tokens.

On the other hand, members of the loyal varieties have endured all recent criticisms of the project, so the supply of TREAT is limited.

“(TREAT) earns Metaverse, a blockchain version of the Shiba Collectible Card Game, and rewards that help provide balance to Shi!”

Kusama concluded that the new token would benefit the Shiba Inu ecosystem and support its complete decentralization.

The latest information on Shiba Inu, Metaverse, and turf card games

The blog post also included updates on Shibarium, a Layer 2 network that I’ve been working on for some time.

The lead developer said the new developer is working on the project, but there is no launch date yet.

Regarding the plan to build the Metaverse, the developers revealed that the plan ran into a temporary obstacle, but it was resolved and “the team is still dedicated to building the best music video on the planet. “.

Kusama also hinted at a new trading card game developed by Playside and Shiba Games, and said more information about the game would be released.

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