K9 Finance DAO Considers Leaving Shibarium Amidst Ongoing Issues

K9 Finance DAO Considers Leaving Shibarium Amidst Ongoing Issues

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by Mohamed Farouk

10 months ago

Made with AI

K9 Finance DAO has raised concerns about its future on the Shibarium network, citing unresolved issues from a bridge exploit that occurred last September. According to the официальной информации, the DAO's decision to go public with these concerns underscores the urgency of the situation and the need for accountability within the ecosystem.

K9 Finance DAO Sets Deadline for Shibarium Team

In a recent announcement, K9 Finance DAO has set a deadline of January 6, 2026, for the Shibarium team to resolve the outstanding issues related to the exploit. The DAO's leadership expressed frustration over the lack of communication from Shibarium, prompting them to take this matter to the public to ensure transparency for their holders and uphold responsible governance practices.

Potential Vote on Future Relationship

Should the Shibarium team fail to address these concerns by the specified deadline, K9 Finance plans to hold a vote regarding its future relationship with the network. This decision could have significant ramifications for both K9 Finance and the broader Shibarium ecosystem as it may lead to a reevaluation of partnerships and trust within the community.

K9 Finance recently issued a public ultimatum to the Shiba Inu team regarding unresolved compensation issues from a September hack. For more details, see the full report here.

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