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Shiba Inu Prepares to Launch DAO

Sep 2, 2024
  1. Lucie's Message to the SHIB Community
  2. Lucie's Message on Upcoming DAO Launch
  3. Welly's 37.5 ETH Donation to Shibarium

The official marketing lead for Shiba Inu, known as Lucie, made a significant statement to the SHIB community on the X platform. This happened amid the SHIB team's plans to launch a DAO this week.

Lucie's Message to the SHIB Community

Lucie published a tweet featuring an image where large fish symbolize the SHIB army and crypto whales. She hinted that DeFi projects created by the SHIB army on the Shibarium platform will outperform centralized cryptocurrency whales.

SHIBARIUM ( DeFi) > Exchanges ( CEX)@LucieSHIB

Lucie's Message on Upcoming DAO Launch

Lucie released a tweet about SHIB's Decentralized Autonomous Organization (DAO), titling the post 'DAO = Your Choice'. This means that Shibarium users will have the opportunity to participate in network governance.

The system is designed to be fair, ensuring proportionate influence for both large investors and many smaller holders simultaneously.

Welly's 37.5 ETH Donation to Shibarium

Lucie commented on the vote organized by Shiba Inu lead Shytoshi Kusama over the weekend about the 37.5 ETH donated by the Welly’s restaurant chain. The decision is to be made either by the SHIB army or the wallet owner. One of the options is to convert these Ethereum to SHIB and burn them.

The SHIB community eagerly awaits the launch of DAO, which will provide users with the opportunity to participate in network governance. Welly's donation has also become a topic of discussion, highlighting the importance of community opinion in decision-making.

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