The Shiba Inu project has announced the launch of the LEASH v2 token aimed at resolving a controversy regarding a 10% supply increase. The new version focuses on security and transparency.
LEASH v2 Update and Objectives
LEASH v2 was developed to address disputes arising from a 10% supply increase. The update emphasizes providing a more secure and auditable design, which aims to strengthen trust in Shiba Inu's governance. As noted in the source:
"LEASH v2, a fixed-supply token, [will use] the last trusted pre-rebase snapshot with fairness filters. No free airdrop: v2 will be a migration."
The Role of DAO in Project Governance
The decentralized autonomous organization (DAO) of Shiba Inu is actively involved in the migration process and voted on this decision, highlighting the importance of community in project governance. Lead developer Kaal Dhairya and Lucie, who oversees communications, play key roles in the process.
Industry Reaction and Future Prospects
The industry's reactions to the changes in the project are largely positive, especially given previous upgrades. Financial contributions also indirectly affect the project, including a donation of 37.5 ETH for governance activities from Welly's. This could strengthen trust within the community and establish more resilient governance practices for the future.
The launch of LEASH v2 contributes to building trust within the Shiba Inu community and demonstrates how decentralized governance can serve as a model for other crypto projects.
