Shiba Inu Details LEASH V2 Migration Process and Security Measures
- The migration to LEASH V2 will follow a fixed ratio model, ensuring holders of LEASH V1 can transition without supply dilution.
- Tokens for the migration are pre-created and stored in a multisig wallet, preventing new token generation during the process.
- Blockchain cybersecurity firm Hexens has completed an independent audit of the V2 contract, with the report released at mainnet launch.
- The rollout will occur in three phases, starting with self-custody holders and liquidity providers on Uniswap V2 and ShibaSwap V1.
- Future plans include cross-chain expansion to networks like Base and Solana while maintaining Ethereum as the primary network for SHIB.
Shiba Inu is prioritizing security and fairness in its LEASH V2 migration process by utilizing a fixed ratio model and conducting thorough audits. The phased approach aims to facilitate smooth transitions for various user groups while enhancing interoperability across networks.
As the migration begins, participants are encouraged to stay informed through official channels, emphasizing the importance of security measures like those implemented by Hexens during this transition.(Source)
