Shiba Inu Unveils ShibDAO for Decentralized Governance
The post Shiba Inu Unveils ShibDAO for Decentralized Governance appeared on BitcoinEthereumNews.com.
ShibDAO introduces governance across SHIB, BONE, LEASH, and TREAT meme coins. Four specialized Shiba Inu DAOs oversee different ecosystem functions and upgrades. Delegation system allows token holders to assign voting power to community leaders. Shiba Inu has officially launched ShibDAO and established a comprehensive governance framework that aims to shift decision-making power from centralized entities to the community. The system introduces multiple layers of participation through on-chain staking, gasless voting, and delegation mechanisms. The launch marks a change toward decentralized governance where community members holding SHIB, BONE, LEASH, or TREAT tokens can directly influence ecosystem development. According to the announcement, the system removes “backroom deals” by providing transparent voting mechanisms tied to token commitment levels. https://x.com/Shibizens/status/1928120246059282503 On-chain staking drives voting power through Bury 2.0, which allows holders to lock tokens for specified periods. The staking duration and amount determine voting influence and create incentives for long-term commitment to the ecosystem rather than short-term speculation. Four Specialized DAOs Handle Different Functions ShibDAO operates through four distinct governance bodies, each focused on specific areas within the ecosystem. Shib DAO oversees community projects, charitable initiatives, user experience improvements, and event coordination. This branch handles broader community-facing activities and strategic direction. Bone DAO focuses on technical governance, voting on Shibarium upgrades, and development proposals. As BONE serves as the gas token for Shibarium, this DAO plays an important role in the Layer 2 network’s evolution and technical roadmap decisions. Leash DAO handles governance disputes and conflict resolution within the ecosystem. This specialized function offers a structured approach to resolving disagreements and maintaining ecosystem cohesion as the community expands. Treat DAO concentrates on funding innovation and decentralized application development. This branch allocates resources to expand the ecosystem’s utility and attract new builders to the platform. Snapshot and Delegation System Make Participation More Accessible Off-chain voting…
Filed under: News - @ May 30, 2025 7:25 pm