– Sun Tzu, Art of War
Introduction
Ryoshi, the creator of Shiba Inu, envisions a decentralized global system for exchanging value, with the key tokens—SHIB, LEASH, BONE, SHI, and TREAT—each serving distinct roles. In this exploration, we’ll delve into the purpose and advantages of the $TREAT token and its place within Ryoshi’s broader vision.
What is $TREAT
$TREAT token is designed to fulfill several key roles within the Shiba Inu Ecosystem. It will enhance liquidity for the $SHI Stablecoin, while also taking over as the reward token, previously $BONE, for ShibaSwap. $TREAT is the access token to all projects and protocols from Shib.io and beyond that, $TREAT will offer rewards for participants in the Metaverse and the blockchain base card game, Shiba Eternity. Furthermore, designed to sit on top Shiba Inu’s layer 2 blockchain, Shibarium, $TREAT functions as a privacy layer token (L3) utilizing FHE technology to ensure privacy and security with each transaction .
- 80% to buy $TREAT 146b and boost liquidity
- 10% to buy and burn $SHIB
- 10% to support the creator
- 2.5% to acquire $TREAT 146b for NFT holder reflections
- 2.5% to buy and burn $TREAT 146b, reducing supply
- 90% of NFT sale funds secured in a multisig wallet
- Liquidity pool NFT transferred to multisig post-addition, with rewards reinvested for more liquidity
- 4 NFTs reserved in multisig for future contests and giveaways
Tokenomics
$TREAT was stealth launched on:
January 14, 2023
LP Burnt Off
Built in burn mechanism that continuously burns 0.25% of LP every hour
Tax 0/0
Circulating Supply of 3,333,333,333
Contract: 0xFbD5fD3f85e9f4c5E8B40EEC9F8B8ab1cAAa146b
Innovation Branch: $TREAT’s Role and Community Impact
The Shib Paper – $TREAT token and Community Roles
As part of the quad governance token system, according to the Hounds constitution:
Treat: The harbinger of entrepreneurial vigor, Treat is
the access token to all things Shib.io, while nourishing
the perpetual growth and expansion of our community via
Entrepreneurial governance.
Innovation Branch and $TREAT’s Role
The Innovation Branch, powered by $TREAT, is central to SHIB.io projects, driving access to the Metaverse and SuperApp for Shibizens. It comprises entrepreneurs, startups, innovators, and investors, using $TREAT governance to decentralize and democratize innovation, ensuring economic and technological growth.
Roles and Duties: The branch shapes society’s trajectory by generating ideas, overseeing marketing, development, and fun (e.g., games), and aligning projects with decentralized values. It fosters startups and technological advancements for physical and digital evolution.
Voting: $TREAT enables flexible voting (democratic or quadratic) for decision-making, adapting to ecosystem needs.
Tokenomics and Initiatives: $TREAT fuels innovation initiatives, with a distribution split among private investors, mods, devs, founders, and the public. Future updates to tokenomics can be ratified by the authors.
Support Structures:
Advisory Boards: Offer expert guidance to keep innovation cutting-edge.
Incubators: Mentor talent and ideas, managed by advisory boards.
Special Councils:
Economic Council: Manages financial growth and collaborates with SHIB.io.
Fun & Marketing Council: Boosts engagement and promotes the ecosystem globally.
New Institutions: The branch verifies and integrates new entities via $TREAT councils and token holder votes.
Responsibility: It prioritizes Shibizens’ welfare and decentralization.
Checks: The Protection Branch audits ensure alignment with society’s trust.
$TREAT and Community in Context
$TREAT is the backbone of the Innovation Branch, enabling rewards, governance, and privacy while supporting a community of innovators and Shibizens. The community—token holders, advisors, and council members—drives adoption, voting, and project execution, embodying Ryoshi’s vision of a decentralized, thriving ecosystem.
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