Shiba Inu community warns of 366 Ethereum tokens using the TREAT ticker

  • Mazrael warned Shiba Inu users about multiple Ethereum tokens using the TREAT ticker.
  • 366 Ethereum tokens reportedly used the TREAT ticker, according to Mazrael.
  • Shibarium activated x402, enabling AI agents to pay in SHIB, TREAT or wrapped BONE.

Shiba Inu community member Mazrael warned users not to identify TREAT tokens by ticker alone after an X discussion highlighted more than 366 Ethereum tokens using the TREAT name or ticker. The official TREAT token for the Shiba Inu ecosystem operates on Ethereum and Shibarium, while an older, separate Ethereum token using the same name and ticker reportedly dates to Jan. 13, 2023. Mazrael said claims that only two such tokens exist could promote scams and urged users to verify contract addresses. Separately, Shibarium, a layer-2 network (a secondary scaling network), has received quiet upgrades, including the activation of x402, an open standard for internet-native payments. The upgrade uses Permit2, the x402 proxy and SignatureValidator at canonical addresses also used on Ethereum, Base and Polygon. Mazrael said x402 clients can operate on chain 109 without custom code, with most facilitators settling USDC payments through EIP-3009 while Permit2 supports any ERC-20 token. AI agents can pay in SHIB, TREAT or wrapped BONE.

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