The post Shiba Inu Update: ShibaDAO Launches Amid SHIB Price Decline appeared on BitcoinEthereumNews.com.

TLDR: ShibaDAO introduces on-chain staking and off-chain voting for SHIB ecosystem governance. SHIB has dropped over 11% this week and remains 85% below its all-time high. DAO Factory enables users to create custom DAOs tied to DeFi, gaming, and public goods. Four DAOs now manage events, upgrades, disputes, and development within Shiba Inu’s network.  Shiba Inu’s ecosystem has introduced a new governance system, ShibaDAO, even as the SHIB price continues to slip.  The DAO framework aims to shift decision-making power from developers to the wider community. This launch represents a structural change across the Shiba Inu network, bringing staking, voting, and delegation tools to holders.  Meanwhile, SHIB has seen sharp price declines, underperforming against major assets like Bitcoin and Ethereum amid a major market dip. Despite this, community activity appears to be intensifying with multiple DAOs already operational. ShibaDAO Launch Marks Governance Milestone The @Shibizens community announced that ShibaDAO is now live, enabling community-led proposals and governance through a decentralized structure.  🚨 Breaking: ShibDAO Officially Live — Community Governance Begins 🚨 ShibDAO has launched, marking a major step toward real decentralization across the SHIB ecosystem. No more backroom deals — this system gives voice and power to the community: 🔹 On-Chain Staking (Bury 2.0):… pic.twitter.com/O6FEHNPzgW — Shibarium Updates 📢 (@Shibizens) May 29, 2025 The system uses on-chain staking, allowing users to stake SHIB, BONE, LEASH, or TREAT to earn voting power. Off-chain voting is conducted through Snapshot, with vote weights calculated using real-time staking data. Additionally, ShibaDAO includes a delegation feature. Users who prefer not to vote directly can assign their influence to trusted members, reclaiming it at will. The DAO Factory tool allows anyone to create custom DAOs within the ecosystem, broadening participation across various community projects. Multiple DAOs are currently live and serving specific roles within the Shiba…

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Filed under: News - @ May 31, 2025 12:18 am