Shiba Inu LEASH V2 Migration Begins Soon: Check out the Important Details!

Updated

September 11, 2025

Gambar Shiba Inu LEASH V2 Migration Begins Soon: Check out the Important Details!

Jakarta, Pintu News – Shiba Inu recently announced the latest details on the migration of the LEASH token to the second version (V2), which promises a more secure and efficient process for token holders.

Kaal Dhairya, the lead developer of Shiba Inu, has confirmed that this migration will follow a fixed ratio model, allowing for a seamless transition from LEASH version one (V1) to LEASH V2 without the addition of new token supply.

LEASH V2 Shiba Inu Migration Details

https://t.co/uGDFX3qbbx
— Kaal (@kaaldhairya) August 12, 2025

The LEASH V2 migration process is designed to protect long-term holders and liquidity providers. V2 tokens have been created and stored in multisig wallets, which guarantees no new tokens will be created during or after the migration.

Any unused tokens after the migration will be burned, reducing the total circulating supply. Shiba Inu has also teamed up with Hexens, a blockchain cybersecurity firm, to audit the V2 contract and its migration process, ensuring security and transparency.

The migration will be conducted in three stages. The first stage will handle live migration for self-holders and participants in staking programs such as xLEASH and veLEASH, as well as liquidity providers on Uniswap V2 and ShibaSwap V1.

The second phase will focus on liquidity providers using Uniswap V3 and ShibaSwap V2, using historical liquidity data and proof of withdrawal methods to avoid losing funds.

Planning and Implementation of New Features

In a bid to expand its ecosystem, Shiba Inu also announced cross-chain plans, which will involve networks such as Base and Solana , while the SHIB token remains Ethereum based.

In addition, the use of Chainlink’s CCIP framework will enhance interoperability between networks. These new features are expected to not only enhance the usability of LEASH V2 but also strengthen its position in the market.

LEASH V2 contracts are designed for easy auditing and maintenance by adopting the ERC-20 standard, coupled with features such as ERC20Permit and ERC20Burnable. This approach ensures that the base token remains simple, while advanced features can be added through a wrapping process, rather than by changing the base token itself.

Expectations and Preparation for Migration

With migration scheduled to begin in the next few days, LEASH V1 holders and stakers are urged to be patient and follow only official communication channels for guidance. Self-holders do not need to take any action until the migration portal opens for Stage 1.

Meanwhile, liquidity providers on ShibaSwap V2 and Uniswap V3 will have to wait for Stage 2 instructions. It is important to note that bridge users and Shibarium participants will be addressed in Stage 3 of the migration, with a 1:1 exchange designed for the native Shibarium LEASH token.

Official launch details, addresses, and a step-by-step migration guide will be released soon.

Overall, the LEASH V2 migration marks an important step in the evolution of the Shiba Inu ecosystem, with the promise of increased security, efficiency and cross-chain expansion.

Token holders are expected to benefit from this well-designed process, which aims to minimize disruption while maximizing fairness and transparency.

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