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Shiba Inu's Shytoshi Kusama Fights Back Against DAO Threats, Promises More Power for SHIB Holders

Mon, 02 Dec 2024, 21:50 pm UTC

Shiba Inu leader Shytoshi Kusama pledges to protect SHIB DAO, enhancing holder control amid rising challenges.

Shiba Inu’s Shytoshi Kusama combats DAO threats, promising more governance power for SHIB holders. Credit: TokenPost

Shytoshi Kusama, the face of Shiba Inu’s decentralized movement, has vowed to thwart challenges facing SHIB DAO. His pledge to defend the ecosystem and empower SHIB holders reflects the team’s readiness for decisive actions against threats.

Shytoshi Kusama Warns of New Threats to SHIB DAO Governance

The mysterious SHIB leader, whose real name is Shytoshi Kusama, has issued a dire warning to the so-called "new bad actors," whose schemes will be thwarted by the SHIB team's countermeasures, U.Today reports

According to Kusama, he had a revelation "in a dream" regarding "the shadowcats plan to take over the DAO," which refers to the DAO Governance project that the SHIB team is engaged in. This project aims to transfer the authority to govern the ecosystem to all SHIB holders "regardless of the size of their stake."

An essay released at the end of August by SHIB marketing lead Lucie on her X account states that SHIB users, also known as Shibizens, will have "more control over decisions that impact the ecosystem" with the implementation of the DAO.

SHIB DAO Aims to Empower All Shiba Inu Holders

"Same plan from before, (mostly) new bad actors" was what Shytoshi Kusama tweeted about the scheme in question. He insisted that SHIB and DAO can't be defeated by any strategy since their squad is prepared to retaliate quickly and effectively: "Plans are in place for just such actions."

Top Shiba Inu developer Kaal Dhairya recently tweeted that he has "some big ideas" for the ecosystem, namely regarding token burning, and that they might be included into the platform.

Kaal Dhairya Hints at New Shiba Inu Burn Mechanisms

While he refrained from disclosing specifics, he did say that he has been hard at work, in contrast to "others sit back expecting results without effort."

This tweet followed a weekend of intense discussion on the X platform, in which Kaal Dhairya actively sought to convince naysayers that the SHIB crew is not to blame for the Shiba Inu's skin condition. One thing he brought up was that "burning and decreasing supply is a cumulative effort."

According to him, burns increase in proportion to Shibarium's perceived utility. "To introduce an even better, cheaper burn mechanism," the developer added, adding that the automated SHIB burn mechanism will soon be down for maintenance.

Shiba Inu Burn Tracker Highlights Record Burn Volumes

By the way, speaking of burns, the Shibburn tracker reports that the SHIB community and development team have sent 3,162,301,655 SHIB meme coins to inactive wallets in 167 transactions in the past month.

TokenPost | [email protected]

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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