Shiba Inu community votes against burning 37.5 ETH, valued at $69,000, opting for a multisig wallet instead.
Over 78 billion SHIB votes secured the funds, emphasizing community-led decision-making in the DAO.
Kusama urges active participation, highlighting the power of democracy in Shiba Inuâs future.
The Shiba Inu community has voted against burning 37.5 ETH, opting instead to secure the funds in a multisig wallet controlled by trusted community members.
These funds, donated by partner wallet Wellyâs, are currently valued at around $69,000 and will be held until the community decides on their specific use. This decision emphasizes the communityâs commitment to transparency and collective decision-making, ensuring that the funds will be used according to the DAOâs collective will.
Important Shiba State Announcement
The voting has concluded.#ShibArmy has spoken loud and clear.
Thank you everyone who participated.
Stay tuned for more DAO votes on important decisions coming our way as Shiba State rises. pic.twitter.com/pdNoOxZ4k1
â No One 
(@NoOneHasSpoken) September 4, 2024
The DAO vote offered four options: securing the funds in a multisig wallet, burning âŠ
The post Shiba Inu Community Votes Against Burning 37.5 ETH, Favors Multisig Wallet appeared first on Coin Edition.
