$SHI stablecoin not deployed yet; a Shibarium Telegram admin sheds light on the issue. ShytoshiKusama RagnarShiba
Explaining purpose of TREAT
Ragnar Shib also reminded the community that it should be careful and not fall for scams. Scammers, he said, may promote their crypto, stating that they are part of the Shiba Inu ecosystem. However, this is not true, per the admin, unless this token is mentioned in the official announcements. As an example, he referred to the TREAT token, which was also initially promised to be deployed by Shytoshi Kusama last year. The actual TREAT will be part of the SHIB ecosystem. It will be used as a"reward for staking and for liquidity, among other things," according to Ragnar Shib.that scammers are launching tokens named TREAT, targeting easy-to-deceive investors.
Aside from that, Kusama had warned the community that all tokens used on Puppynet are not real and are utilized for testing purposes only. These tokens will not be exchanged for actual crypto anywhere, so users should not expect to profit on them, the lead developer of SHIB stated.
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