Shiba Inu Launches ‘Shib Owes You’, Hack Victim Repayment Plan with NFTs

Jakarta, Pintu News – Shiba Inu recently announced a formalized payment structure to address users’ unresolved losses from the Plasma Bridge hack. The plan, named Shib Owes You (SOU), introduces a blockchain-based method that converts verified claims into tradable NFTs, ensuring a recorded and traceable settlement process.

Introduction of Shib Owes You Recovery Framework

The initiative, titled Shib Owes You (SOU), was announced by Shiba Inu’s lead developer Kaal Dhairya through a blog post titled “Year End Letter to Shib Army”.

This plan transforms previously unstructured recovery efforts into a formalized process implemented through smart contracts. Affected users will receive NFTs on the Ethereum (ETH) blockchain, where each token records the main amount to be paid to a specific wallet.

These records are stored on the blockchain and backed by a private database. According to Dhairya, SOU claim tokens will be transferable, allowing users who do not want to wait for full payment to sell their tokens on a marketplace backed by the system once the system is operational.

Users with multiple affected wallets can combine their claims into a single SOU token once the system goes live. This option allows holders to manage multiple claims under one token.

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Cost Control and Audited Safeguards

According to Coingape, the reorganization introduces strict cost controls. The team will postpone or close projects that do not generate revenue, with the aim of saving funds and diverting them to repayment to users. New rules will be applied for future licenses of Shiba Inu’s intellectual property, where license revenue will flow directly to the restitution program.

These funds will support ongoing payments. SOU facilities have been audited for security. Smart contracts for minting and various transfer operations have been reviewed by Hexens, which also includes the rationale for joining, splitting and transferring claim tokens.

However, the platform has not yet been launched, and no official interface is available. Dhairya warns users to avoid third-party sites that claim to offer early access.

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Audited System-Based Recovery

Dhairya confirmed that Plasma Bridge is back online with new safeguards that include a seven-day recall delay and migration of critical smart contracts to hardware-based storage.

The recovery process will be based on an audited system, with teams executing all payments on the blockchain and not relying on off-chain appointments to settle pending claims.

Conclusion

With this structured and transparent approach, Shiba Inu demonstrates its commitment to restoring trust and providing solutions for victims of the Plasma Bridge hack. Through the use of blockchain technology and NFTs, Shiba Inu strives to ensure that all claims can be resolved fairly and efficiently.

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Reference

• Coingape. Shiba Inu Unveils $50M Sou Plan to Repay Plasma Bridge Hack Victims. Accessed on December 30, 2025
• Featured Image: Finance Feeds