u.today
The enigmatic SHIB lead known under the pseudonym Shytoshi Kusama has made an important statement about what he referred to as “new bad actors,” warning them that their plans would be overthrown by counter actions from the SHIB team.
Shytoshi promises to defend DAO
Kusama said that he had a revelation “in a dream” about “the shadowcats plan to take over the DAO” meaning the DAO Governance (DAO standing for a decentralized autonomous organization) that the SHIB team is working on, planning to transition the governing functions over the ecosystem to every SHIB holder “regardless of the size of their stake.”
The introduction of the DAO will give SHIB users (Shibizens) “more control over decisions that impact the ecosystem,” according to an article published by SHIB marketing lead Lucie on her X account at the end of August.
Now, Shytoshi Kusama tweeted that the aforementioned plan was “same plan from before, (mostly) new bad actors.” He claimed that no plan against SHIB and DAO will succeed since the team is ready to strike back timely and efficiently to prevent any possible damage: “Plans are in place for just such actions.”
Took me a moment to realize it, and it only came in a dream, but now I see the shadowcats plan to take over the dao. Same plan from before, (mostly) new bad actors. It won't succeed as plans are in place for just such actions.
— Shytoshi Kusama™ (@ShytoshiKusama) December 2, 2024
Top SHIB dev's "big ideas" for SHIB burn upgrade
In a recently published tweet, top SHIB developer Kaal Dhairya revealed that he has got “some big ideas” that could be included in the Shiba Inu ecosystem - in particular for token burns.
He did not reveal any details but said that he has been working, while “others sit back expecting results without effort.”
While others sit back expecting results without effort, balance doesn’t restore itself. I’ve got some big ideas that we can include in the ecosystem ( for 🔥) AND pic.twitter.com/D4PwOTqsAK
— Kaal (@kaaldhairya) December 1, 2024
This tweet came after a heated debate on the X platform over the weekend, where Kaal Dhairya took an active part trying to bring it home to complainers that the SHIB team is not responsible for making Shiba Inu burns. He pointed out that "burning and decreasing supply is a cumulative effort."
The higher the utility that Shibarium sees, the higher burns go, he said. The developer also said that the automated SHIB burn mechanism will be down for maintenance soon “to introduce an even better, cheaper burn mechanism.”
Speaking of burns, in the last month, according to the Shibburn tracker, the SHIB community and the developer team have managed to dispose of a record 3,162,301,655 SHIB meme coins in 167 transactions to dead wallets.