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The Shiba Inu team leaves no stone unturned to keep the SHIB community bustling. The platform is brewing new updates that may help SHIB trend and help claim its coveted $0.01 price mark. According to Lucie, SHIB’s marketing lead, the SHIB ecosystem is all set to launch a SHIB DAO, enabling a holistic voting system for its community to explore and interact with. Also Read: Shiba Inu: Should You Hold Or Sell Your SHIB? Finder Panel Predicts The Ecosystem Continues To Expand DAO Launch Lucie, Shiba Inu’s marketing lead, took to X to share many new details. The SHIB ecosystem is currently expansive and will soon launch a decentralized autonomous organization (DAO). Per Lucie, the launch of DAO will “empower the SHIB community” and help them embark on a new journey that entails having access to voting rights in the SHIB ecosystem. “DAO Launch: SHIB is launching a decentralized autonomous organization (DAO) to empower holders with voting rights, boosting utility and community eng...

Hector Network is the latest project to have been affected by the Multichain shutdown. The majority of votes move to liquidate assets  The Hector Network, a team behind a decentralized finance (defi) project on the Fantom ecosystem, is taking steps to prevent further losses following the bridge hack on Multichain. The project put forth a proposal to the decentralized autonomous organization (DAO), suggesting either to liquidate assets in the treasury or to migrate the Hector Network, the assets, and the HEC token to another chain under a different brand. The snapshot reveals that 196 governance token holders have cast their votes, with 77.68% favoring liquidation over migration at the time of writing.  You might also like: Crypto lending protocol Geist Finances ceases operations after Multichain shutdown According to the proposal, the voting period will last for 48 hours, with two hours left before the time lapses. The Hector Network team said the reason for ...