An internal investigation has been started by the development team at Shiba Inu's Shibarium into previous rug pulls that were allegedly orchestrated by malevolent actors working within its ecosystem.
On May 29, the ecosystem formally unveiled ShibDAO, a community-driven governance framework that allows users to cast votes on significant upgrades and recommendations.
ShibDAO's tiered governance model assigns distinct duties to four significant DAOs. Protocol development will be overseen by BONE DAO, while community initiatives will be managed by SHIB DAO.
