Jakarta, Pintu News – Shiba Inu , known as the meme token, is now transforming into a structured Web3 platform with the launch of ShibDAO.
This major step towards decentralization marks a new era in community governance, where users are not only token holders but also decision-makers in the ecosystem.
ShibDAO was launched as a community-driven governance framework, allowing users to vote on critical improvements and proposals.
Read also: Shiba Inu Developer Shytoshi Kusama Leaks Big Update! SHIB Ready to Bring AI Technology?
With a multilevel governance model, ShibDAO divides responsibilities through four main DAOs and allows the formation of sub-DAOs by community members. This facilitates users to claim a Shib Name (SNS) and form self-sustaining groups, which can focus on specific areas such as art, DeFi, or public goods.
The launch coincides with Bury 2.0, an updated staking system that allows users to lock SHIB, BONE, LEASH, and TREAT tokens for voting power.
The longer and bigger the bet, the greater the holder’s influence in the ecosystem.
ShibDAO marks the end of centralization of power in Shiba Inu, giving the community the right to not only contribute but also propose, vote, and determine the ecosystem roadmap.
Each SHIB native token holder can use their voting power to influence important decisions, including Shibarium upgrades, metaverse mechanics, token utility changes, and major partnerships.
Additionally, community members can delegate their power to others to act on their behalf and can revoke it at any time. This demonstrates Shiba Inu’s commitment to ensuring that every voice is valued and has a significant impact in the development of the ecosystem.
Shibarium’s development team has opened an internal investigation into rug pulls allegedly committed by bad actors in its ecosystem.
Read also: Ethena Presents Crypto Savings Directly on Telegram via TON Wallet!
The initiative was announced by Davinci.Shib, a core contributor to Shibarium, who emphasized that certain groups have taken advantage of the system while discrediting it.
Lucie, Shiba Inu’s head of marketing, has also warned users about the increasing number of scam attempts.
These attacks often involve hacking social media accounts to spread misinformation or promote fraudulent projects, demonstrating the importance of security in large digital ecosystems.
Overall, the launch of ShibDAO and Bury 2.0 is a significant step for Shiba Inu in its journey from a meme token to a sustainable and community-oriented Web3 platform.
With a more organized structure and a focus on user empowerment, Shiba Inu established itself as a big name in the Web3 space.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Get a web trading experience with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
*Featured Image: CryptoRank