‘Shib Owes You’: Shiba Inu Team Member Explains Shibarium Recovery Framework
The post ‘Shib Owes You’: Shiba Inu Team Member Explains Shibarium Recovery Framework appeared on BitcoinEthereumNews.com.
In a year-end letter, Shiba Inu developer Kaal Dhairya spoke about a recovery plan for Shibarium users following the hack incident in September. Dhairya mentioned “SOU,” which means “Shib Owes You,” a system that intends to make affected Shibarium users whole. In this system, every affected user has an SOU NFT, which is an on-chain, verifiable record of exactly what the Shiba Inu ecosystem owes them. The SOU is not a promise in a database somewhere but a cryptographic proof that Shibarium users own a claim, recorded permanently on the Ethereum blockchain. The SOU tracks a principal amount, which is the value still owed to Shibarium users. When payouts happen, the principal goes down, as well as when donations come in from the community. Users will also be able to verify their original claim, what has been received and what is left. The SOUs can also be merged, split or transferred. Shiba Inu team member sheds light on SOUs In a tweet, Shiba Inu team member Lucie shares a personal explanation about SOUs. According to Lucie, the “Shib Owes You” has two layers, an official one and another, which is community-powered. SOU Recovery FrameworkOfficial Ethereum Claims and Community BSC Funding Shib Owes You has two layers. One is official.One is community powered. They do different jobs. 1) Official layer SOU NFTs on Ethereum This is the Shiba Inu team system. These NFTs represent what… pic.twitter.com/nEkeWbeXGh — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) January 10, 2026 The official layer marks the SOU NFTs on Ethereum, which is the Shiba Inu team system. These NFTs represent what people lost in the Plasma Bridge exploit. In addition, they are on-chain, auditable and dynamic, defining exactly who is owed what. The SOU NFTs on Ethereum, according to Lucie, represent the accounting layers but do not raise money as…
Filed under: News - @ January 11, 2026 12:52 pm