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HomeCrypto NewsShiba Inu's Shytoshi Kusama Unveils Major Listing For TREAT

Shiba Inu’s Shytoshi Kusama Unveils Major Listing For TREAT

The Shiba Inu ecosystem is gearing up for the debut of its fourth token, TREAT, which will simultaneously launch on several major crypto exchanges, including KuCoin, Bitget, and Gate.io. Shytoshi Kusama, the lead developer of Shiba Inu, shared his enthusiasm on X.

He wrote, ā€œWhen I said this launch will be like no others, this is one example. THE OFFICIAL TREAT TOKEN will launch on various exchanges on day one, and we are very excited to name our first exchange! Bitget.ā€

Shiba Inuā€™s TREAT Trading & Deposit Details

Both KuCoin and Bitget have confirmed that TREAT will be available for spot trading against Tether (USDT) starting January 14, 2025, at 11:00 UTC. Deposits for the token are already live, enabling users to prepare for the trading day by transferring TREAT to their exchange wallets.

Withdrawals will follow a staggered schedule: KuCoin will allow TREAT withdrawals beginning January 15, 2025, at 10:00 UTC, while Bitget will enable the same feature at 12:00 UTC. Users can deposit TREAT using the Ethereum blockchain, which has been designated as the supported network for transactions across all three exchanges.

Bitget & KuCoinā€™s TREAT Campaign

To celebrate the listing, Bitget has unveiled a promotional campaign, offering 87.45 million TREAT tokens as rewards to eligible participants. Users can secure their share by locking either BGB or USDT in designated staking pools. The campaign runs from January 14, 2025, at 11:00 UTC to January 17, 2025, at 12:00 UTC.

A majority of the reward poolā€”79.5 million TREAT tokensā€”will be allocated to users staking BGB. Meanwhile, USDT stakers will divide a smaller pool of 7.95 million tokens. This initiative is designed to attract liquidity and engage the exchangeā€™s user base during the tokenā€™s launch phase.

KuCoin has also introduced a TREAT farming initiative, allowing its users to earn rewards by participating in similar activities on its platform. Details about this program mirror Bitgetā€™s strategy, emphasizing community involvement and liquidity contributions.

Shiba Inu Ecosystem Expansion

The addition of TREAT to Shiba Inuā€™s ecosystem signifies another milestone for the project, which has already launched tokens like SHIB, LEASH, and BONE. The coordinated launch across multiple exchanges reflects the teamā€™s confidence in the tokenā€™s potential impact within the crypto market.

Shiba Inuā€™s official TREAT token promises a dynamic start with wide accessibility, rewarding opportunities, and a seamless user experience as the token enters the global crypto market.

Also Read:Ā SHIB Forms Bullish Weekly Pattern Despite 6% Loss


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