Shiba Inu, the popular meme coin, has unveiled a roadmap outlining significant developments planned for Shibarium over the coming year (2024/2025). This announcement highlights the project’s commitment to growth and innovation across various aspects of its decentralized finance (DeFi), gaming, and metaverse initiatives.
ShibaSwap Upgrades and TREAT Token Launch
A core focus of the roadmap is the upcoming evolution of ShibaSwap, the official decentralized exchange (DEX) of the Shiba Inu ecosystem. Two key updates are planned: ShibaSwap 1.75 and a major overhaul with ShibaSwap 2.0.
Read Also: Shiba Inu Team Explains How SHIB Users Can Earn TREAT Token
ShibaSwap 1.75 is expected to arrive first, paving the way for the highly anticipated ShibaSwap 2.0 launch later in the cycle. These upgrades promise to introduce new features and enhancements designed to improve user experience on the DEX.
Another critical development is the introduction of the TREAT token. TREAT is a token within the Shibarium ecosystem that will serve as a reward, governance, and gas fee token. It rewards users who stake their SHIB holdings, enables voting rights on key proposals, and functions as the gas fee token for the Shibarium Layer-3 blockchain, scheduled for public launch by 2024/2025.
What's coming in 2024/2025 for #Shibarium?
– #Shibaswap (version 1.75 followed by 2.0)
– #Shibahub
– @treatsforShib
– #ShibaEternity P2E
– @mvshib
– @K9finance Liquid Staking
– Layer 3 TestnetAdditionally, fully functional DAOs will be available for all tokens within the Shiba… pic.twitter.com/iICIaoi11Z
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) April 24, 2024
Shiba Eternity P2E and SHIB: The Metaverse
Additionally, Shiba Inu is expanding its gaming and metaverse ventures, including the release of Shiba Eternity’s play-to-earn (P2E) version and a collectible card game (CCG). Beta testing for the P2E version is scheduled for Q2 2024, and developers are conducting in-house testing to ensure a smooth user experience upon launch.
The announcement further reaffirms Shiba Inu’s commitment to its metaverse project, SHIB: The Metaverse. While an earlier target of a partial launch by late 2023 was not met, the project remains on track for a full launch in 2024/2025.
This virtual world offers users the potential to interact, socialize, and potentially engage in economic activities within a Shiba Inu-themed metaverse environment.
Layer-3 Blockchain, K9 Finance, and DAO Integration
The roadmap also sheds light on the development of Shiba Inu’s Layer-3 blockchain solution. Funded by a recent $12 million investment round, this project aims to provide a privacy-focused Layer-3 blockchain designed for the Shiba Inu ecosystem. The Layer-3 solution is expected to launch on Shibarium’s Layer-2 scaling solution with a testnet rollout anticipated in Q3 of 2024.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Read Also: Shiba Inu Team Sends Crucial Warning To SHIB Holders
Another addition to the Shibarium ecosystem is the integration of K9 Finance’s liquid staking derivative platform.
K9 Finance plans to launch its staking dApp in three phases throughout 2024, and integration with the Shibarium ecosystem is expected during the same period. The collaboration will provide access to K9’s staking solutions.
Additionally, by 2024/2025, a decentralized autonomous organization (DAO) for SHIB and BONE tokens will be established, giving token holders a greater say in the governance of the Shibarium ecosystem.
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