Shiba

Kusama

2024

Shiba Inu

Coin

<ul class="wp-block-list news-points">
 <li>Shiba Inu community votes against burning 37.5 ETH, valued at $69,000, opting for a multisig wallet instead.</li>
 <li>Over 78 billion SHIB votes secured the funds, emphasizing community-led decision-making in the DAO.</li>
 <li>Kusama urges active participation, highlighting the power of democracy in Shiba Inu’s future.</li>
</ul>
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 Welly’s, are currently valued at around $69,000 and will be held until the community decides on their specific use. This decision emphasizes the community’s commitment to transparency and collective decision-making, ensuring that the funds will be used according to the DAO’s collective will.
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 Important Shiba State Announcement<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2757.png" alt="❗" class="wp-smiley" style="height: 1em; max-height: 1em;"> The voting has concluded.<a href="https://twitter.com/hashtag/ShibArmy?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ShibArmy</a> 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. <a href="https://t.co/pdNoOxZ4k1" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/pdNoOxZ4k1</a>— No One <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@NoOneHasSpoken) <a href="https://twitter.com/NoOneHasSpoken/status/1831198321236656148?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 4, 2024</a>
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The DAO vote offered four options: securing the funds in a multisig wallet, burning …
The post <a href="https://coinedition.com/shiba-inu-community-votes-against-burning-37-5-eth-favors-multisig-wallet/" rel="noopener noreferrer nofollow">Shiba Inu Community Votes Against Burning 37.5 ETH, Favors Multisig Wallet</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Shiba Inu Community Votes Against Burning 37.5 ETH, Favors Multisig Wallet

Coin Edition

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