Dog-themed cryptocurrency Shiba Inu might be on the verge of a transformative shift that will put power into the hands of real holders. A recent update from Shiba Inu team member Lucie has hinted at upcoming governance milestones, which would mark Shiba Inu's next chapter in the coming days.
In a tweet, Lucie indicated that Shibâs DAO and foundation might be coming soon. "The time is almost here. As we approach the 2024/2025 launch, the Shib ecosystem is on the verge of a transformative shift that will put power into the hands of real holders," Lucie stated.
Shibâs DAO and Foundation Are Coming SoonThe time is almost here. As we approach the 2024/2025 launch, the Shib ecosystem is on the verge of a transformative shift that will put power into the hands of real holders. ( !!! NOT X TROLLS or FUDDERS on telegram) The introduction⊠pic.twitter.com/p6ufpQpSSB
â đđđđđ (@LucieSHIB) October 17, 2024
Lucie added that the introduction of the Shib Doggy DAO Foundation is about to become a reality, marking the next chapter for Shib State and setting the stage for a fully decentralized and autonomous future.
Shiba Inu's DAO (Decentralized Autonomous Organization) will be a governance system where holders of key tokens â Shib, Bone, Leash and upcoming Treat â have the power to make crucial decisions. This decentralized model ensures that the future of Shib is determined by those who believe in it, not by outside voices or short-term hype. The DAO and foundation will allow token holders to vote on everything from community projects to technology advancements.
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Lucie further explained that the SHIB Doggy DAO Foundation will legally wrap around the DAO, ensuring that the decisions made by the community are properly executed. It will manage assets like the Doggy Treasury and prevent any future misallocations, providing transparency and security. This move would demonstrate to the world that Shiba Inu is not just another project â it is a serious player with a long-term vision.
Shiba Inu governance
Shiba Inu governance will be split into four, one for each of the core tokens of the Shiba Inu ecosystem: Shiba Inu will govern the community itself, BONE will power Shiba Inuâs technology, Leash will offer protection and, exclusivity, Treat will empower and fund community projects.
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As this governance system is implemented, it might take time to perfect. But once it is fully operational, it is expected to create a perpetual and autonomous system.
According to Lucie, with the imminent launch of SHIB Doggy DAO and its foundation, the future of SHIB is about to be put firmly in the hands of those who matter most: the community.
