Lucie, the marketing lead for Shiba Inu, highlighted the Shiba Inu team’s dedication to establishing a strong governance system centered around their digital asset LEASH, which has a fixed supply of 107,000 units. LEASH plays a crucial role as a financial asset and in the governance framework of the Shib ecosystem, particularly within the Shib State’s Environmental Council.
Shiba Inu’s Approach to Decentralized Governance
Lucie stressed the importance of LEASH within the Environmental Council’s Protection & Policy branch, a new initiative in the Shib State that aims to reinforce ethical standards and sustainability goals within the community. This branch is responsible for safeguarding the community’s rights, ensuring adherence to values, and implementing measures to prevent misuse of power within the ecosystem.
The Protection & Policy branch’s duties are fundamental to maintaining the integrity of the Shib ecosystem and are in line with “The Canine Code,” the community’s ethical constitution that guides policy creation, implementation, and oversight.
Key areas of focus for the branch include protecting community members’ rights and values, establishing a robust oversight system to prevent abuses of power, formulating and enforcing policies aligned with The Canine Code across the Shib ecosystem.
The limited supply of LEASH, with only 107,000 tokens, is intentional to underscore its value and strategic significance. This exclusivity grants LEASH holders exclusive access to launches and initiatives in the Shib ecosystem. Lucie highlighted, “Leash is a premium asset and a gateway to exclusive Shib ecosystem offerings, aligning with Shib’s ethical governance and environmental responsibility goals, providing holders with special privileges.”
Recently, LEASH holders received an exclusive early-access gift to the beta version of Shiba Eternity, the first Shibarium-based Web3 game in the ecosystem, emphasizing their special status and benefits.
Lucie emphasized LEASH’s dual role in environmental and ethical governance, with the Environmental Council and Protection & Policy branch working on sustainability and governance initiatives to meet the increasing demands for accountability and responsibility in project governance within the crypto community.
SHIB was trading at $0.00001418 at the time of publication.