Shibarium, SHI & TREAT? Shytoshi gives extensive updates

Shiba Inu [SHIB] has a huge reputation, even though it is a relatively new cryptocurrency. Its wide popularity was good not only for SHIB but also for the whole cryptocurrency market. As its value didn’t go up, the main developer turned his attention to the community’s events. After making the group wait for two days, Shytoshi Kusama finally put up his long-awaited Medium post.

The Shiba Inu group has been looking forward to a number of changes coming to the area. Even so, the ongoing bear market has hurt a lot of people. Shytoshi Kusama, on the other hand, wants to “seriously oppose” Ryoshi’s idea.

In the Medium article, the main developer talks about the much-anticipated Shibarium. This layer-2 solution for Shiba Inus has been in the works for a long time. Even though it’s likely to come out in the third quarter of 2022, Shytoshi gave updates on it.

“Shibarium is an important part of this strange conflict we’re in because it should let us move assets on-chain with low BONE (gasoline) costs, allowing for small transactions.”

The person who made the Shiba Inu also said that everything was fine. Still, the developers haven’t said when the Public Beta will start.

Shiba Inu’s ecosystem has been affected by TerraUSD’s fall; SHI Secure Coin

The world as a whole watched as Terra’s algorithmic stablecoin UST went away. Some people have decided to stay away from everything stablecoin, so has the Shiba Inu community. Shytoshi said that SHI would be made available in 2022.

At the moment, a group of developers has sent in a version of SHI that fixes the problems that other projects have had. SHI can also be used to protect and stabilize funds when the market isn’t moving. Shytoshi said more about the same thing,

“Like everything else Shib does, this may be an experimental protocol, and when it’s done, a more complete and detailed set of data about this coin may be made public.”

Creating a whole new token? A BONUS FOR THE GROUP

Shiba Inu people have their own tricks and secrets. The developers have been “quietly” making something called TREAT, which is a new reward token. Shytoshi went on to explain why this transfer was done in secret. Reports say that the community wanted the token to have a use case that was pretty well-defined and explained. They also didn’t have to bring in another token quickly.

All Shiba Inu puppies have been used in some way by people. Still, the company has always been worried about what happened to the tokens that were given out as rewards. The problem was so bad that the developers decided to make TREAT.

Unlike other properties, there wouldn’t be a lot of TREAT. Also, TREAT could be used for more than just Shibarium. It could be used for more than just the Shiba Collectible Card Game. It could even be used to help make SHI more stable.

WOOF SHIBA! Shiba Inu Greeting Card

This Shiba Inu-themed game of collecting cards has been in the works for a long time. Shiba Video Games and all the other Playsides will start testing and getting ready for the challenge as soon as possible. Shytoshi said that soon there will be a post about this game.

Metaverse

The Shiba Inu community seems to have a lot going on. Since there are so many changes, some problems are bound to get left behind. Shytoshi said that the metaverse was growing more slowly than he had thought.

The community has, however, reached out to well-known studios and builders. It was also said that this week, a rent payment must be made.

Even though the bears are having an effect right now, the Shiba Inu environment has a lot to look forward to.

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