Notably, Lucie emphasized that the upcoming Doggy #DAO Foundation will legally oversee the DAO. The foundation will ensure that the #ECOSYSTEM team executes the community’s decision, expressed through the DAO voting exercises.
Furthermore, the marketing specialist said the foundation will also perform other functions, such as managing assets within the Doggy Treasury, preventing misallocations, and providing security as well as transparency.
Shiba Inu’s potential shift to decentralized governance portrays the cryptocurrency as a serious project with a long-term vision.
Roles of Shiba Inu Tokens in Governance
Per Lucie, the Doggy DAO will be split into four key areas, with #SHIB، , LEASH, TREAT, and BONE serving as governance tokens for each sector.
Notably, $SHIB
will govern the community, while BONE will power Shiba Inu’s technology, including #Shibarium . The upcoming TREAT token will fund and empower all community projects. Lastly, LEASH will offer protection and exclusivity to #ShibaInuCommunity members.
