- Shiba Inu community votes against burning 37.5 ETH, valued at $69,000, opting for a multisig wallet instead.
- Over 78 billion SHIB votes secured the funds, emphasizing community-led decision-making in the DAO.
- Kusama urges active participation, highlighting the power of democracy in Shiba Inu’s future.
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.
Important Shiba State Announcement
The voting has concluded.#ShibArmy 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. pic.twitter.com/pdNoOxZ4k1
— No One
The DAO vote offered four options: securing the funds in a multisig wallet, burning …
The post Shiba Inu Community Votes Against Burning 37.5 ETH, Favors Multisig Wallet appeared first on Coin Edition.
Source: https://coinedition.com/shiba-inu-community-votes-against-burning-37-5-eth-favors-multisig-wallet/