Lucie, a core member of the SHIB Inu (SHIB) team, took to Twitter today to provide an overview of the forthcoming developments for the SHIB Inu ecosystem. The tweet has already garnered significant attention with over 4,000 views in a short span.
Lucie listed the following advancements on the horizon for SHIB Inu: Bone contract renouncing, Shibaswap 2.0, $TREAT, Shibahub, Metaverse.
However, in a move to manage expectations, Lucie emphasized that these developments are “steps in our development journey” and cautioned that they won’t materialize overnight. The core member also clarified that the team’s focus is on the technology and its evolution, rather than market-driven price surges. “No price pumping involved,” Lucie stated.
In subsequent tweets, Lucie highlighted the importance of community cohesion and positivity. “If we don’t come together and spread positive vibes, progress will be slow,” she noted. Addressing the broader crypto community, Lucie also commented on the counterproductive nature of spreading false information and the significance of being part of a constructive community.
Lucie’s remarks come at a time when the crypto market is rife with speculation and rapid price movements. Her emphasis on technology over market hype serves as a reminder of the foundational goals of many blockchain projects.
While the exact timeline for these developments remains unspecified with Lucie noting, “When? When it’s ready!”, the SHIB Inu community and investors will undoubtedly be watching closely for further updates.
BONE is set to play a pivotal role in the SHIB Inu ecosystem, especially the Shibarium ecosystem, SHIB’s Layer 2 blockchain. In the lead-up to this launch, there will be a minting of the remaining BONE supply, followed by the renouncement of the BONE contract, ensuring no further minting can occur. This action is crucial for initiating the blockchain, as a significant chunk of BONE is reserved for its first role: VALIDATORS. Furthermore, BONE will act as a passport in the system, being the token that DELEGATORS bury for rewards, serving as the GAS TOKEN FOR SHIBARIUM, and playing a role in technology GOVERNANCE within the new framework.
Ryoshi’s Shiba Inu vision is built on the synergy of core tokens: SHIB, LEASH, BONE, SHI, and the integral $TREAT. While not new, $TREAT’s role is paramount. It fortifies the $SHI Stablecoin’s liquidity and is slated to replace $BONE as ShibSwap’s primary reward. Additionally, $TREAT is earmarked for rewards within the Metaverse and the blockchain version of the Shiba Collectible Card Game. Collectively, these tokens, with $TREAT at the helm, weave the multifaceted tapestry of the Shiba Inu ecosystem.
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This article was originally reported on Blockchain News.