Shiba Inu’s New Tokens

Shiba Inu plans to release a reward token called TREAT and reinforce its stablecoin – SHI – so it doesn’t crash like other similar projects.

Shiba ‘s anonymous leader announced that the project will create a new reward token , TREAT. In addition, the team will focus some of its efforts on its SHI stablecoin to prevent it from suffering the fate of Terra’s UST.

Shiba and Treat

“Shib Army We March On…” This is how Shytoshi Kusama titled his most recent announcement to users. In it, the anonymous head of the project outlined the severe macroeconomic issues and the “shortages in various aspects of normal life” that society currently has to cope with.

Shiba ‘s leader said that the most important thing in such times is to protect mental and mental health and to protect family values. Market declines should also be viewed as a strategic period when people could make tactical investments.

Gates buying a TON of farmland while the WEF pushes to lower nitrogen in farms for the Dutch” could be considered examples, according to the leader.

The leader of Shiba explained what Shiba wants to do in such an environment. It will help balance the stablecoin SHI and derive rewards for the Metaverse and the blockchain version of the Shiba Collectible Card Game.

This is a huge step in the final landing of this massive project to full decentralization,” Kusama highlighted.

In addition, a limited supply of TREAT will be distributed to loyal Shiba Inu members who have been part of the project throughout both prosperous and challenging months.

What is your goal

Shiba, which emerged as the doge coin killer, quickly reached a large community in 2020. At one point last year, the asset’s price was up over 100,000,000%, making it one of the market’s top performers. Despite the tremendous interest in it, many claimed that the token lacks any particular use-cases, and its success has been driven by pure hype.

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About Hama Amefiz

Amefiz is a professional blockchain, cryptocurrency and tech journalist, regular contributor to newsbsc.com who is writing analysis about the latest developments in the cryptocurrency and blockchain space.

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