Historic Governance Shift for Shiba Inu (
$SHIB 🗳️
A pivotal moment unfolds as the Shiba Inu community embarks on a multi-stage election to appoint its first interim network president, reshaping the project’s governance model.
🔑 Key Highlights:
Goal: Advance decentralization by shifting control from core developers to the community.
Election Format:
Open nominations
Live/recorded debates for top 10 candidates
Final vote using SHIB, BONE, TREAT, and LEASH tokens
Controversy: Despite the vote, the Shiba Inu Foundation holds veto power, sparking concerns about the process's democratic integrity.
⚠️ Community Concerns:
Power remains concentrated with lead dev Shytoshi Kusama
Lack of transparency in project resources and unmet promises
Growing demand for competent, accountable leadership
💬 Voices in the Community:
Some hail the election as “the true birth of the network state”
Others criticize it as symbolic unless real transparency and Ryoshi’s original vision are honored
📊 Current Price: $0.00001348 (-1.02%)
📢 Stay updated:
#CryptoEmad #SHIB #DAOReform #ShibaElections #DecentralizeNow