The Shibarium ecosystem includes SHIB, BONE, LEASH, and TREAT tokens, each serving unique functions in a decentralized future.
SHIB and BONE Tokens
SHIB serves as the ecosystem's primary currency and user acquisition tool, accepted globally through services like BitPay and Binance Pay. This token is the most widely used in the SHIB ecosystem. Regular burns make SHIB a deflationary token, increasing its scarcity over time.
BONE, on the other hand, serves as the native gas and governance token on Shibarium. Without it, transactions or smart contract execution cannot happen. BONE also grants users voting power in the Doggy DAO and is used to reward validators for securing the network.
LEASH and TREAT Tokens
LEASH is described as a token for access and exclusivity, with its supply capped at 107,646 tokens, making it scarce. It provides VIP access to airdrops within the SHIB ecosystem, including early land sales and premium projects.
TREAT is intended for rewards and utility and has now gone live. It will serve for payouts within the Shiba Inu ecosystem and is expected to be used across upcoming ecosystem products, such as staking, liquidity incentives, and user rewards.
Conclusion
Understanding the roles of each token within the Shibarium ecosystem helps users better navigate the opportunities and ultimate goals of the project.
Each of the tokens SHIB, BONE, LEASH, and TREAT plays a significant role in the Shibarium ecosystem, providing functionality and incentives for users, which contributes to the development of decentralized applications and services.
