Shiba Inu developers announce the launch of DoggyDAO

The community members will be able to vote on which projects and trading pairs will become part of the ShibaSwap liquidity pools

19.02.2022 - 08:00

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What’s new? The developers of Shiba Inu have announced the launch of DoggyDAO, a decentralized autonomous organization for community members. The users will now be able to vote for projects and trading pairs that will become part of the ShibaSwap liquidity pools.

DoggyDAO’s announcement

How will DoggyDAO work? The ShibaSwap users will be able to vote with tBONE tokens. These will be available for BONE governance tokens. Each voting session will last for five days before being closed. The community will be able to select new trading pairs every fortnight. A total of 30 pairs will get into the liquidity pools.

What did the project’s developers add? The Shiba Inu representatives are urging the voting participants to scrutinize the proposed projects more carefully:

“Once again, we ask you to please understand, while not ignoring risks that could be associated with an infant, unknown, unaudited, or potentially newer project. So please vote responsibly.”

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