Shiba Inu has revealed its plans for the upcoming developments in the Shibarium ecosystem, which are set to be implemented in the 2024/2025 cycle. Lucie, the marketing lead for Shiba Inu, recently shared these exciting upcoming developments on Twitter.
At the top of the list is the release of the updated version of ShibaSwap, the official decentralized exchange (DEX) of the Shiba Inu ecosystem. According to Lucie, both versions 1.75 and 2.0 of ShibaSwap will be launched in 2024/2025.
Shytoshi Kusama, the lead developer of Shiba Inu, revealed that ShibaSwap 1.75 will be released before the highly anticipated ShibaSwap 2.0. These upgrades will introduce new and improved features to the DEX, enhancing the overall user experience.
Another exciting update coming to the Shiba Inu ecosystem in 2024/2025 is Shiba Hub, an app that developers are calling “something extraordinary.” This upcoming app will integrate Shibarium and serve as a resource center and community forum.
Lucie also shared that the upcoming Shiba Inu ecosystem token, TREAT, will be publicly launched by 2024/2025. Once launched, TREAT will play pivotal roles within the Shiba Inu ecosystem, such as serving as a reward token for users who stake SHIB across various liquidity pools. Additionally, TREAT will function as a governance and gas fee token for the ecosystem’s upcoming Layer-3 blockchain solution.
The fourth development set to launch in the Shibarium ecosystem in the same time frame is the play-to-earn (P2E) version of Shiba Eternity, Shiba Inu’s collectible card game (CCG). Beta testing for the P2E version of Shiba Eternity is scheduled to begin in Q2 2024, with developers currently conducting in-house testing to identify and address any issues.
In addition to these developments, Lucie mentioned that SHIB: The Metaverse, Shiba Inu’s metaverse project, will make its debut in 2024/2025. The project was initially planned to partially open by the end of 2023 but has faced delays. However, Shiba Inu aims to open the project in 2024/2025.
Furthermore, Lucie revealed that K9 Finance’s liquid staking derivative platform will be launching on Shibarium in 2024/2025. This aligns with an update shared by The Crypto Basic, stating that the launch of K9’s staking decentralized application will occur in three phases throughout this year.
Lucie also highlighted Shiba Inu’s upcoming Layer-3 (L3) blockchain as one of the projects expected to launch in 2024/2025. Shiba Inu recently raised $12 million in an investment round to develop a new privacy L3 blockchain for the cryptocurrency. The L3 blockchain is expected to launch on Shiba Inu’s L2 scaling solution, Shibarium, with the testnet rolling out in Q3 2024.
Finally, Lucie mentioned that Shiba Inu will have a fully functional decentralized autonomous organization (DAO) for its native tokens, including SHIB and BONE, by 2024/2025.
Overall, these upcoming developments demonstrate the continued growth and innovation within the Shiba Inu ecosystem, with a focus on improving the cryptocurrency’s DeFi, gaming, community engagement, and technical infrastructures. It is important to conduct thorough research before making any investment decisions, as this content is purely informational and should not be considered financial advice.
