What The LEASH V2 Launch Means For Shiba Inu Holders

The Shiba Inu development team has officially rolled out LEASH v2, a new version of the ecosystem’s exclusive token designed to correct a long-standing supply ￰0￱ the past week, LEASH holders expressed growing concerns after a hidden rebase path in the original contract unexpectedly increased supply, resulting in a 20%+ dilution from the 107,646 ￰1￱ prompted swift action from the current Shiba Inu developers, and LEASH v2 is both a corrective measure and an opportunity to restore community ￰2￱ v2 Brings A Hard-Capped Supply According to Shiba Inu marketing lead Lucie, the most important change in LEASH v2 is the permanent fix to supply manipulation ￰3￱ on the social media platform X, she explained that after migration, LEASH v2 will have a fixed, hard-capped supply of 107,000, exactly as originally ￰4￱ new rebasing, no hidden minting ￰5￱ is a clean slate ￰6￱ means token holders no longer need to worry about accidental inflations or hidden vulnerabilities undermining the scarcity and value of ￰7￱ issue stemmed from a rebase function left in the original contract by a departed developer five years ago, which went unnoticed until the recent ￰8￱ team documented those mechanics and presented the community with a DAO-led route forward of migrating to a fixed-supply, audited LEASH v2 using the last trusted ￰9￱ plan also outlines the burn-to-claim model, where holders destroy the old token to claim the new ￰10￱ moving to a fully immutable and audited contract, the team has effectively sealed off this risk, turning LEASH v2 into a more trustworthy representation of what the token was always intended to ￰11￱ to the Shiba Inu blog website , the v2 total supply is pre‑minted at deployment and held by a ￰12￱ migrator will not mint new LEASH v2 tokens but will move pre‑minted tokens out of the multisig as users migrate from LEASH ￰13￱ Does This Mean For Holders?

LEASH v2 affects only ￰14￱ tokens (SHIB and BONE) within the Shiba Inu ecosystem remain ￰15￱ the migration proceeds smoothly, with audits concluded, exchanges aligned, and burn-to-claim portals functioning, LEASH v2 will become a straightforward case of resetting the ￰16￱ Reading: Bybit Exchange Unveils Massive Shiba Inu Balances In The Trillions As Price Tanks A prominent Shibarium insights account on X pointed out that the team is working with an external ￰17￱ Shiba Inu team is also in talks with crypto exchanges to support the swap and will stage a public testnet and bug bounty before full ￰18￱ rollout has been largely welcomed across the Shiba Inu community, with supportive reactions surfacing on multiple social ￰19￱ the time of writing, LEASH is trading at $52.40, down by 8% in the past 24 hours.