Shiba Inu (SHIB) is poised for exciting developments with the introduction of Decentralized Autonomous Organizations (DAOs) into its ecosystem. This move will empower the SHIB community to propose and vote on crucial decisions affecting the network. The announcement outlines four dedicated DAOs: SHIB, BONE, LEASH, and TREAT, each focusing on specific aspects of the ecosystem. These DAOs will enable everyone, not just large token holders, to participate in governance, with voting power further enhanced through earning Karma Points for meaningful contributions.
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That was achieved thanks to the total of 16,479,283 SHIB burned. The largest single transaction burned 13,717,986 SHIB, and the second largest carried 2,026,165 SHIB.According to the same tweet published recently, over the past seven days, the SHIB army has burned 61,082,353 SHIB but the burn rate dropped by 94.82%.
According to a recent tweet published by the Shibarium Updates account, the SHIB team plans to introduce DAOs into the SHIB ecosystem. DAOs will enable the SHIB community to make proposals and vote on important decisions that will shape the SHIB Network State in the future. The tweet enumerated particular DAOs that are planned to be launched in the future – they will be named after the main tokens that help run the ecosystem: SHIB, BONE, LEASH, and TREAT.In the near future, the Shib Ecosystem will introduce decentralized autonomous organizations , allowing the community to propose and vote on key decisions that shape the network state.The SHIB DAO will deal with the collective voice of SHIB holders.
The tweet underscored that voting via those DAOs will be open to everyone and not only large token holders as it is done on other blockchains. Besides, users will be able to increase their voting power by earning Karma Points through making meaningful contributions. “This ensures true decentralization, preventing financial influence from dominating governance,” according to the announcement.
SHIB Decentralized Autonomous Organizations Daos Shiba Inu Cryptocurrency Governance
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