Wednesday, November 30, 2022
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Shiba Inu wants to revolutionize stablecoins and the metaverse in the coming months!

Shytoshi Kusama states that Shiba Inu developers are focused on completing the Ryoshi Plan for the SHIB token ecosystem.

Lead Shiba Inu developer Shytoshi Kusama has released a new update for the Shiba Inu community on plans to launch a stablecoin and reward token.

The SHI stablecoin

According to Shytoshi Kusama, the SHI stablecoin will not be affected by market fluctuations. He admitted that there are now valid concerns about stablecoins after the Terra UST crash. But according to him, the version of SHI currently in development avoids all the problems of projects like Terra.

Regarding SHI, we have seen independent development from a group of developers in our decentralized network. They submitted a version of SHI that seems to avoid the problems seen in other moonshots.

The developer added that the SHI stablecoin will be available this year if all goes according to plan.

TREAT token

Shytoshi Kusama said that a new token, TREAT, will join the Shiba ecosystem. TREAT will serve as the reward token for everyone in the SHIB ecosystem, while the BONE token will serve as the reward token for validators in Shibarium.

Meanwhile, loyal members of Breed are said to have a limited supply of TREAT reserved for them because they’ve stood up to all the recent criticism on the project.

(TREAT) will issue rewards for the Metaverse, and the blockchain version of the Shiba Trading Card Game, as well as for helping bring balance to Shi!“.

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

Updates on the Shibarium, Metaverse, and Shiba Card Game.

The article also contains updates on the Shibarium, a Tier 2 network that is in the works. The lead developer reported that new developers are working on the project, but no date has yet been set for its launch.

As for plans to build a metaverse, the developer revealed that they ran into a temporary hurdle, but it was resolved and “the team is still dedicated to building the best metaverse on the planet.

Shytoshi Kusama also hinted at a new collectible card game being developed by Playside and Shiba Games, saying more information would be released about the game.

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