WHY? Treat & New Bone & Shibarium Utilities

Why? It’s one of the oldest questions in the world and drives people to innovation. Why should we prepare for the ai takeover? Why can’t farmers be paid justly? Why can’t rollups work in tandem and with multiple tokens? Why can’t Shib technology be multichain? Why Bone?? Hundreds of questions like these exist in the space, many of which can be answered with our incredible tech stack and others with the insights this blog contain.

36 Chambers of Tech

For us to truly compete with the large ecosystems, we, as a network state, require a robust and comprehensive technology stack that can not only power our own state, but any project, person, business, city or even country! Yes, country but I digress (for now).

I am proud to once again announce that our team has been working through the bear market, and fud, to complete well over 30 pieces of technology from ai, to FHE powered Shibarium, Web3 games, beautiful Metaverse, Aura, Reputation, Karma, decentralized identity, attestation, and much more! This stack can quickly and efficiently move anyone into Web3 making “Powered by Shib” just as common as powered by Google. (Goals!) I've named it, the 36 "Chambers" of Tech.

With this in mind, we haven’t just “talked the talk”, we’ve been focused on making sure these modular systems can work in real-world scenarios, and with that in mind, let’s get to the WHY.

INTRODUCING WHY COMBINATOR

WHY Combinator is a decentralized program designed to find, incentivize and empower  projects that can easily answer one question: “Why does this product or startup need to exist in the world?” This guiding principle shapes everything from the programs we offer to the types of founders and projects that have been selected in our first cohort. By ensuring founders have a deeply rooted purpose, we amplify long-term viability and impact. Moreover, this cohort showcases to the world how the Shiba Inu network state’s “operating system” could be adopted and utilized. Therefore we also gain adoption, and ideally, revenue from the partnershibs flow back into the DAO. It’s a win-win for everyone involved.

TREATS FOR SHIB

As many of these projects either use Treat through one of the 36 Chambers, or enable one of the chambers itself, you can see the importance of the Why Combinator not just for this first cohort but far beyond. 

Treat is an acronym: Transactional Rewards for Engagement & Access Token! This sums up this utility token nicely, and to make sure the army is rewarded properly, we are designing weekly TreatDrops for engagement for our many projects. This not only invites new users to try things like our Metaverse, or have a Shiboshi (or SHEboshi for that matter), it will also incentivize new protocols, projects and systems that are part of Why combinator. It’s truly a game changer when you combine it with the access it provides our Shibizens.

As you’ve already seen, TREAT will be listed on various exchanges, namely, Bitget, Gate, Kucoin, MEXC and Aura on day 1. But again, why? Moreover, why not Bone? Happy to answer.

BONE

First, we aren’t just concerned about Bone alone, we want ALL the tokens in the Shib ecosystem, Bone & Leash, to be available in as many places as possible and that’s exactly why we did something new- began developing relationships with exchanges! Moreover, we aren’t just there to discuss Treat, we are developing the relationship so that we can showcase the power of Shib, and have them integrate Shibarium, and of course list ALL Shibarium projects! This is a process, and I’ll say this once, the fud is downright disrespectful at this point. It’s silly. Do you see now how fudders are pulling the last few threads of lies to attempt to get your bone as low as possible? They’re most likely people close to us who KNOW we are building! 

In fact, not only have we worked hard to actualize Ryoshi’s vision, we’ve gone above and beyond, making a complete Network State AND technology powerhouse that puts us TECHNOLOGICALLY ABOVE ALL OTHER TOKENS & PROJECTS IN CRYPTO BAR NONE. PERIOD! AND without the huge budgets of competitors like Sui and Cadarno.

You cannot imagine how difficult this has been, how much has been sacrificed physically, mentally, and spiritually to accomplish this mammoth feat. We have worked to develop new utilities, update technologies keeping us cutting edge, and manage one of the world’s largest decentralized brands. This deserves a round of applause, and as more people, projects, platforms, cities and even countries adopt our operating system, we know exchanges will no longer be able to “fade” us. 

But you probably want to know…but bro what about Bone? Lol

Yeah okay:

NEW BONE UTILITIES

Let me first say, technically this is not a new utility, it’s an expansion of Bone main utility: GAS TOKEN FOR SHIBARIUM. The new utility is for Shibarium. You see, many of you knew we were building an L3 for shibarium that will include FHE and this is correct, but what you did not know is that we’ve been incubating an experiemental- (I repeat this is still in development) project that will introduce the ability to spin up roll-up in the same way Arbitrum or Optimism has many rollups (for instance Kraken’s new roll-up). And guess will all these rollup transactions will constantly settle? Correct, Shibarium! This new utility is a big one, and one that doesn’t require anything except more adoption. 

Let’s talk about Roll-Ups (Optimistic ones in particular) to understand what is possible if we work together or gain a major partner:

Optimistic Rollups: Key Statistics and Information (AI Generated)

---

General Statistics

- Total Value Locked (TVL):

  - Arbitrum One: ~$17.77 billion (~8.61% of Layer 2 TVL).

  - Base: ~$13.91 billion (~10.3% of Layer 2 TVL).

  - OP Mainnet: ~$7.11 billion (~8.38% of Layer 2 TVL).

  - Source: L2Beat (https://l2beat.com/scaling/summary)

- Transaction Throughput:

  - Ethereum Layer 1: ~15 TPS.

  - Optimistic Rollups: ~100–200 TPS.

- Gas Fee Reduction:

  - Transactions on Optimistic Rollups cost a fraction of those on Layer 1, offering significant savings.

  - Source: GeeksforGeeks (https://www.geeksforgeeks.org/what-are-optimistic-rollups/)

- Market Share:

  - Optimistic Rollups dominate the Layer 2 market, holding over 75% of Layer 2 TVL.

---

Top Optimistic Rollup Projects

1. Arbitrum One:

   - Fully EVM-compatible, enabling seamless integration with Ethereum-based applications.

   - Source: Thirdweb (https://blog.thirdweb.com/what-is-an-optimistic-rollup/)

2. Base:

   - Developed by Coinbase, offering open-source support for EVM compatibility.

   - Source: Thirdweb (https://blog.thirdweb.com/what-is-an-optimistic-rollup/)

3. OP Mainnet (formerly Optimism):

   - Built on the OP Stack, providing low-cost, scalable contracts.

   - Source: Thirdweb (https://blog.thirdweb.com/what-is-an-optimistic-rollup/)

4. Zora:

   - Focused on NFTs, offering fast transaction confirmations and low-cost minting.

   - Source: Thirdweb (https://blog.thirdweb.com/what-is-an-optimistic-rollup/)

5. Mantle:

   - Features the EigenDA data availability solution for improved scalability.

   - Source: Thirdweb (https://blog.thirdweb.com/what-is-an-optimistic-rollup/)

---

Recent Developments

1. Interoperability:

   - Enhancements in cross-rollup communication and composability are being developed.

2. Decentralization:

   - Focus on decentralizing sequencers for reduced centralization risks.

3. EVM Compatibility:

   - Supporting EVM for seamless migration of existing Ethereum dApps.

---

NOW, giving the ability for ANYONE to quickly and efficiently spin up a roll-up, and having it all SETTLE ON SHIBARIUM IS A POWER MOVE FOR BONE. Best of all, these projects get access to the 36 Chambers of Tech!

ONE MORE THING! Shibarium becomes not only a settlement layer for these variety of Roll-Ups but a data availability layer!

BONE BONUS UTILITY

What is a data availability layer you may ask?

Definition: A Data Availability Layer (DAL) ensures that transaction data in a blockchain network is accessible and verifiable by all participants. It separates data storage from other functions like transaction execution and consensus, enhancing scalability and efficiency.

What are the leading DALs? Celestia is a key one so let’s check it’s token TIA: Marketcap: $2,270,796,766 . Rank (on CG) #60. Now imagine giving this utility to BONE, and still asking “Wen listing?” LOL. First things first, let’s increase the utility of Shibarium and that’s exactly what we are going to do.

BONUS BONUS BONE UTILITY


Yes, another one! Not only is Shibarium the settlement and DA layer for the number of L3's that will launch, but also as the HUB of all the "Spoke" chains when you consider the cross-chain enablement of Chainlink for all our protocols. We hope that's enough to show the BONE Army, we mean business.

CONCLUSION

Finally, we are ultra excited to share with you all that has been built and the upcoming TREAT launch. We are even more excited to share our next partners…but that must wait until next time. Don't forget to listen to my blog "Meme Mania and The 36 Chambers of Tech" in our metaverse, Spotify, or even Apple Music. Stay tuned and stay well.

Sincerely,
Shy