In August 2024, SHIB announced its official entry into the DAO era, where coin holders will directly participate in proposals and voting. Its governance framework includes a Charity Council (focused on the allocation of public welfare resources) and a Cultural Heritage Council (preserving community culture and meme spirit), which not only strengthens governance transparency but also consolidates SHIB’s cultural values.
In the SHIB ecosystem, the two tokens BONE and LEASH play important roles in the DAO. BONE is responsible for community proposals and voting, while LEASH focuses on specific topics and cultural council proposals. This multi-token model makes governance more layered and flexible, representing an innovative experiment in multi-coin governance.
In early 2025, SHIB will launch a Layer3-based privacy chain along with the supporting token TREAT. TREAT is not just a fundraising tool, but a key to unlocking advanced Layer3 functions and governance, reflecting SHIB’s determination to move towards a more efficient and mainstream blockchain architecture.
SHIB, through DAO, Layer 3 technology, and multi-token governance, demonstrates the potential to transform from a meme to a serious Web3 project. Whether it can achieve a governance model similar to Ethereum in the future and establish TREAT as a core infrastructure token will become the focal point for all investors and observers.
Shiba Inu is breaking through the framework of meme coins, building a long-term foundation with innovative governance structures and infrastructure upgrades. This is not only an evolution of crypto culture but also an important transformation regarding community sovereignty and technological innovation.