Shiba Inu Developers Announce LEASH v2 Migration Set to Begin Soon
Shiba Inu developers announced the LEASH v2 migration will start soon, following approval from security firm Hexens. Key points include:
- The original LEASH contract had a flaw that allowed supply changes despite claims of a fixed supply.
- This flaw led to a 20% increase in token supply earlier this year.
- Hexens audited the new LEASH v2 token and migration system, ensuring it cannot mint additional tokens.
- The full supply of v2 is already minted into a multisignature wallet.
- During migration, v1 tokens will be locked or burned while v2 tokens are released based on holder entitlements.
- The redesign utilizes OpenZeppelin ERC-20 libraries for simplicity and auditability.
SHIB prices have decreased by 1% in the past 24 hours, reflecting broader market trends.