Shiba Inu Takes Major Step With Community Governance Model – Details

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Well, it’s official. Shiba Inu has gone and done something bold. They’ve revamped their community decision-making system-because apparently, staking tokens wasn’t quite cutting it anymore. Enter the Shib Doggy DAO, where members can now vote with their ERC-20 token balances. And just to make sure that no one gets too big for their boots (or their wallets), they’ve added quadratic voting. It’s like a security system for democracy, except it’s all digital and a little bit more… complicated. 😅

In case you missed the memo, Shiba Inu isn’t just playing around with governance. They’ve snagged $12 million from industry big shots and are making a push for a new Layer-3 chain. This is their master plan for dominating the Web3 space, or at least making a dent in it. Think of it as their “we’ve arrived” moment. 🚀

Revamped Doggy DAO: Stronger Voting And Fairer Governance

The SHIB Doggy DAO, the Shiba Inu ecosystem’s very own governance body, has decided to upgrade the voting system. Because, you know, the whole BONE staking thing was so… last year. It was vulnerable to majority attacks, and frankly, nobody has time for that. So now, community members can vote directly using their token balances, which makes it way easier for more people to get involved in decision-making. Think of it like opening the doors to the cool kids’ club. 🙌

And then there’s quadratic voting. It’s like a safeguard against the ultra-wealthy token holders trying to buy their way into power. The more votes they want, the more it costs them. So, no, Jeff Bezos isn’t going to swoop in and decide everything for everyone. Nice try, though, Jeff. 😜

Shiba Inu is also ditching the one-size-fits-all approach to governance. Now, users can choose between staking, voting with token balances, or quadratic voting depending on what the proposal calls for. It’s like a buffet of voting methods. Pick your poison. 🍽️

Shibarium’s Bigger Vision: Identity, Layer-3, And TREAT Token

Okay, so improving governance is all well and good, but Shiba Inu isn’t stopping there. They’ve got bigger dreams. You know, things like an identity-based voting system. That’s right-each person gets exactly one vote, regardless of how many tokens they’re sitting on. It’s basically the digital equivalent of “you get what you give,” but with less karma and more blockchain. 😎

And if you thought that was big, wait for it: Shiba Inu is working on launching a Layer-3 chain next year. They’ve already raised $12 million from heavy hitters like Polygon Labs and Animoca. The new chain will run on Shiba Inu’s snazzy new token, Treat (TREAT). No, it’s not a snack, though we could all use one right now. TREAT will reward Web3 activities, and it’s already making waves by getting listed on major exchanges like MEXC, Bitget, and Gate. It’s like Shiba Inu’s way of saying, “We’re serious now, folks.” 😏

And don’t forget, there’s more to the Shiba Inu ecosystem than just TREAT. Bone ShibaSwap (BONE) and DogeKiller (LEASH) will each play a role in the ever-expanding multi-token system. It’s a bit like a blockchain family-every token has its own special function. 👨‍👩‍👧‍👦

Finally, Shiba Inu is tying voting to identity and reputation. They’ve got this Karma points system to track trust and reputation across the community. So, not only are you voting, but you’re also building your digital credibility. It’s like LinkedIn for crypto. Shiba Inu is aiming for a billion users. With all this, they might just get there. 💪

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2025-08-20 17:18