Shytoshi Kusama Breaks Silence on Crucial Role of LEASH Holders in Upcoming DAO

08/26/2024 15:33
Shytoshi Kusama Breaks Silence on Crucial Role of LEASH Holders in Upcoming DAO

Shiba Inu lead has delivered a crucial message about LEASH while the team prepares to launch DAO

Shiba Inu lead has delivered a crucial message about LEASH while the team prepares to launch DAO

Shytoshi Kusama Breaks Silence on Crucial Role of LEASH Holders in Upcoming DAO

Cover image via U.Today

The mysterious leader of the Shiba Inu development team Shytoshi Kusama has taken to his account on X to deliver an important message about the role of LEASH holders in the decentralized autonomous organization (DAO) that the team is preparing to kick off.

Shytoshi underscored the vital role that holders of LEASH tokens are going to play in it.

Shytoshi's message on LEASH owners' big role in future DAO

The pseudonymous Shytoshi Kusama stated that in the upcoming DAO, LEASH holders will be in charge of keeping order, protecting the system and also they will be able to vote on disputes. Kusama reminded the community about other important “proprietary protocols” of the SHIB State, saying that they “protect the Shibizens”, similarly to the DAO. “Leash holders serve as a class of moderators to keep order, protect the system, while being able to vote on disputes,” he wrote

The SHIB leader expressed a hope that after his explanation, the SHIB Paper will begin to make sense if it did not until now.

Leash holders serve as a class of moderators to keep order, protect the system, while being able to vote on disputes in the Leash Dao. Karma, reputation, and other proprietary protocols protect the Shibizens. Is the Shib Paper starting to make sense yet? https://t.co/T8iQxMbgWK

— Shytoshi Kusama™ (@ShytoshiKusama) August 25, 2024

In a tweet published on Sunday, another pseudonymous SHIB team top member, Lucie, revealed the plan to roll out the DAO soon. She stressed that this update will add to the decentralization of the whose SHIB system since it will allow all holders of Shiba Inu ecosystem tokens to participate in decision making by voting.

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In her post, Lucie made it clear that the upcoming launch of the DAO will solidify the vision of decentralized Internet and free speech in light of the arrest of the Telegram and TON founder Pavel Durov in France over the weekend. The billionaire entrepreneur was taken in custody for Telegram’s refusal to cooperate with French law-enforcement authorities on censorship to prevent criminal activities.

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Let’s remember one key fact:… pic.twitter.com/PrFDIr4yP0

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) August 25, 2024

Using the DAO, she said, all SHIB community members will be able to have a say in SHIB’s future development. Users will be able to vote with SHIB tokens on issues to do with charity, donations, and promoting SHIB community’s values. BONE tokens will allow them to vote for things related to shaping the development of the SHIB ecosystem, as well as that of Education and Research Council. LEASH will allow voting in the sphere of ensuring fairness and transparency within the community.

About the author

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Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

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