{"id":77009,"date":"2024-04-23T10:07:17","date_gmt":"2024-04-23T14:07:17","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=77009"},"modified":"2024-04-23T10:08:27","modified_gmt":"2024-04-23T14:08:27","slug":"shiba-inu-lead-discloses-layer-3-blockchain-bone-use-case","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/shiba-inu-lead-discloses-layer-3-blockchain-bone-use-case\/","title":{"rendered":"Shiba Inu Lead Discloses Layer 3 Blockchain BONE Use Case"},"content":{"rendered":"\n

Lucie, Shiba Inu's marketing lead, dismissed allegations about BONE's reduced use case in the Layer 3 blockchain<\/a>, emphasizing the network's value addition.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

In a recent statement addressing concerns within the Shiba Inu (SHIB) community<\/a>, Lucie, the marketing lead, underlined the importance of both Bone Shibaswap (BONE) and Treat (TREAT) tokens in the changing ecosystem.<\/p>\n\n\n\n

Amid speculation regarding the efficacy of BONE after the Layer 3 (L3) introduction of Shiba Inu, Lucie refuted any ideas suggesting its inutility.<\/p>\n\n\n\n

Furthermore, she underscored the essential function it performed in conjunction with TREAT.<\/p>\n\n\n\n

Treat & Bone's Use Case In Layer 3 Blockchain<\/h2>\n\n\n\n

With an emphasis on the unique capabilities of each token, Lucie describes the emergence of TREAT as the reward token for the ecosystem.<\/p>\n\n\n\n

She explained that the purpose of Treat is to motivate participation.<\/p>\n\n\n\n

Users who engage in contests or stake with Shiba Inu can acquire TREAT tokens for free.<\/p>\n\n\n\n

The purpose of such incentives is to promote community involvement and enhance the sustainability of the ecosystem.<\/p>\n\n\n\n

Additionally, TREAT is a versatile asset due to its dual functionality as a gas token and governance token on L3.<\/p>\n\n\n\n

Furthermore, it allows users to vote and facilitates transactions on the Layer 3 blockchain.<\/p>\n\n\n\n

Lucie effectively utilized an analogy to address concerns regarding the future of BONE in the context of L3 implementation.<\/p>\n\n\n\n

She compared its connection to L2 to a ring adorning a finger.<\/p>\n\n\n\n

Furthermore, the marketing chief emphasized that TREAT governs Shibarium L3, whereas BONE provides power to L2.<\/p>\n\n\n\n

Furthermore, Lucie elaborated on the mutually reinforcing characteristics of both tokens, emphasizing their combined significance in propelling the ecosystem forward.<\/p>\n\n\n\n

When asked about the possibility of BONE becoming redundant after implementing L3, Lucie unequivocally replied that both tokens would continue to be applicable.<\/p>\n\n\n\n

The user underscored that the L3 blockchain would incorporate both BONE and TREAT.<\/p>\n\n\n\n

L3 of the Shiba Inu belongs to the generation that will expand the foundations established by L2.<\/p>\n\n\n\n

Therefore, Lucie's reassurance inspires confidence regarding BONE's ongoing usefulness and value proposition.<\/p>\n\n\n\n

Treat Rallies Ahead of L3 Launch<\/h2>\n\n\n\n

The Treat cryptocurrency of the Shiba Inu ecosystem surged more than 22% today as the excitement surrounding L3 grew.<\/p>\n\n\n\n

As of press time on Tuesday, April 23, the Treat cryptocurrency price had increased by 22.20% to $0.00127, with a market capitalization of $4.23 million.<\/p>\n\n\n\n

In contrast, its 24-hour trading volume increased by 212.04 percent to $75,021.<\/p>\n\n\n\n

As skepticism regarding BONE's future increased, its value plummeted.<\/p>\n\n\n\n

As of this writing, the price of Bone ShibaSwap\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> had decreased by 5.46% to $0.6719.<\/p>\n\n\n\n

Additionally, the 24-hour trading volume of BONE decreased by 16.68% to $9.89 million.<\/p>\n\n\n\n

Furthermore, BONE reached its lowest point of $0.6638 today.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lucie, Shiba Inu’s marketing lead, dismissed allegations about BONE’s reduced use case in the Layer 3 blockchain, emphasizing the network’s value addition. In a recent statement addressing concerns within the Shiba Inu (SHIB) community, Lucie, the marketing lead, underlined the importance of both Bone Shibaswap (BONE) and Treat (TREAT) tokens in the changing ecosystem. Amid […]<\/p>\n","protected":false},"author":56,"featured_media":74974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,81],"tags":[9302,6304,19207,17838],"class_list":["post-77009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-altcoin-news","tag-bone","tag-shiba-inu-news","tag-bone-shibaswap","tag-shiba-inushib"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/Shiba-Inu-Team-Highlights-KNINE-Listing-Price-Rally.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/77009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=77009"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/77009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/74974"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=77009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=77009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=77009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}