Shiba Inu Update: ShibaDAO Launches Amid SHIB Price Decline
TLDR: ShibaDAO introduces on-chain staking and off-chain voting for SHIB ecosystem governance. SHIB has dropped over 11% this week and remains 85% below its all-time high. DAO Factory enables users to create custom DAOs tied to DeFi, gaming, and public goods. Four DAOs now manage events, upgrades, disputes, and development within Shiba Inu’s network. Shiba Inu’s ecosystem has introduced a new governance system, ShibaDAO, even as the SHIB price continues to slip . The DAO framework aims to shift decision-making power from developers to the wider community. This launch represents a structural change across the Shiba Inu network, bringing staking, voting, and delegation tools to holders. Meanwhile, SHIB has seen sharp price declines, underperforming against major assets like Bitcoin and Ethereum amid a major market dip. Despite this, community activity appears to be intensifying with multiple DAOs already operational. ShibaDAO Launch Marks Governance Milestone The @Shi...