B4Bit
09/11 04:51
Shiba Inu Releases Update On LEASH V2 Migration,
Shiba Inu unveils LEASH V2 migration roadmap with audited security, phased rollout, and cross-chain expansion plans.
LEASH V2 migration launches in phases, protecting holders and liquidity providers while expanding Shiba Inu’s ecosystem.
Highlights
Shiba Inu has outlined its LEASH V2 migration roadmap, ensuring a safe, audited, and fair process for holders and liquidity providers.
Migration will use a fixed ratio model with tokens already stored in a multisig wallet, preventing new supply creation and allowing leftover tokens to be burned.
Migration will be rolled out in three phases, covering self-custody holders, liquidity providers, and cross-chain users.
Shiba Inu has provided an update on the migration of its LEASH token. The report explains a safe and reviewed process that aims to protect holders and liquidity providers.
Advertisement
CryptoGames
Shiba Inu Unveils LEASH V2 Migration Roadmap
In a recent blog post, the Shiba Inu revealed further details concerning the migration of its LEASH V2 token. According to developer Kaal Dhairya, the migration will follow a fixed ratio model. This would ensure that holders of LEASH V1 easily move into LEASH V2 without supply dilution.
The migration will happen with a supply of tokens that has already been created and is stored in a multisig wallet. This means the contract responsible for the migration cannot create new tokens. Any tokens left after the migration can be burned to lower the total supply.
To improve security, Shiba Inu hired the blockchain cybersecurity company Hexens to review the V2 contract and migration process. The independent review is complete, and the audit report will be shared simultaneously with the mainnet launch.
#Claim1,200 USDT in the Monthly Creation Challenge#Post To Earn Bonus#HTX community ✖ SUNPUMP Creator Championship#GameFi playing you? $SOMI returns control.#HTX DAO Listing Governance is LIVE!
18Share
All Comments0LatestHot
No records