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MainNewsShiba Inu La...

Shiba Inu Launches ShibDAO to Enable Full Community-Driven Governance


by Vignesh Karunanidhi
for CoinEdition
Shiba Inu Unveils ShibDAO for Decentralized Governance
  • ShibDAO introduces governance across SHIB, BONE, LEASH, and TREAT meme coins.
  • Four specialized Shiba Inu DAOs oversee different ecosystem functions and upgrades.
  • Delegation system allows token holders to assign voting power to community leaders.

Shiba Inu has officially launched ShibDAO and established a comprehensive governance framework that aims to shift decision-making power from centralized entities to the community. The system introduces multiple layers of participation through on-chain staking, gasless voting, and delegation mechanisms.

The launch marks a change toward decentralized governance where community members holding SHIB, BONE, LEASH, or TREAT tokens can directly influence ecosystem development. According to the announcement, the system removes “backroom deals” by providing transparent voting mechanisms tied to token commitment levels.

https://x.com/Shibizens/status/1928120246059282503

On-chain staking drives voting power through Bury 2.0, which allows holders to lock tokens for specified periods. The staking duration and amount determine voting influence and create incentives for long-term commitment to the ecosystem rather than short-t…

The post Shiba Inu Launches ShibDAO to Enable Full Community-Driven Governance appeared first on Coin Edition.

Read the article at CoinEdition

Read More

What’s Behind the Massive Drop in Layer 2s, GameFi, and Meme Tokens?

What’s Behind the Massive Drop in Layer 2s, GameFi, and Meme Tokens?

An overall selloff has affected the cryptocurrency market, with Layer 2 tokens, gamin...
SHIB Records Massive $48 Billion Trading Volume Over Recent 10-Day Period

SHIB Records Massive $48 Billion Trading Volume Over Recent 10-Day Period

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is once again stating its pr...
MainNewsShiba Inu La...

Shiba Inu Launches ShibDAO to Enable Full Community-Driven Governance


by Vignesh Karunanidhi
for CoinEdition
Shiba Inu Unveils ShibDAO for Decentralized Governance
  • ShibDAO introduces governance across SHIB, BONE, LEASH, and TREAT meme coins.
  • Four specialized Shiba Inu DAOs oversee different ecosystem functions and upgrades.
  • Delegation system allows token holders to assign voting power to community leaders.

Shiba Inu has officially launched ShibDAO and established a comprehensive governance framework that aims to shift decision-making power from centralized entities to the community. The system introduces multiple layers of participation through on-chain staking, gasless voting, and delegation mechanisms.

The launch marks a change toward decentralized governance where community members holding SHIB, BONE, LEASH, or TREAT tokens can directly influence ecosystem development. According to the announcement, the system removes “backroom deals” by providing transparent voting mechanisms tied to token commitment levels.

https://x.com/Shibizens/status/1928120246059282503

On-chain staking drives voting power through Bury 2.0, which allows holders to lock tokens for specified periods. The staking duration and amount determine voting influence and create incentives for long-term commitment to the ecosystem rather than short-t…

The post Shiba Inu Launches ShibDAO to Enable Full Community-Driven Governance appeared first on Coin Edition.

Read the article at CoinEdition

Read More

What’s Behind the Massive Drop in Layer 2s, GameFi, and Meme Tokens?

What’s Behind the Massive Drop in Layer 2s, GameFi, and Meme Tokens?

An overall selloff has affected the cryptocurrency market, with Layer 2 tokens, gamin...
SHIB Records Massive $48 Billion Trading Volume Over Recent 10-Day Period

SHIB Records Massive $48 Billion Trading Volume Over Recent 10-Day Period

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is once again stating its pr...