Actions on DAO Community vote : SEPT 4th 2024

Dear community members,

We are pleased to announce that the Shiba Inu DAO has concluded the recent vote:
https://snapshot.org/#/shiba-swap.eth/proposal/0xf45c35e94710677c421ce84c5e8ec811ffec76350340eac6f801df11c8bdde48 regarding the allocation of 37.5 ETH donated by our partner project, Welly's. The community has chosen Choice 1, which involves creating a new multisig wallet to manage these funds transparently and in accordance with the DAO's decisions. Because of the busy schedules and other priorities of product launches the action was delayed a bit.

Details of the Decision:

  • Funds in Question: 37.5 ETH
  • Multisig Wallet Address: 0x4D3Cfe49E56584Ff4106f85f405209DaAc14AA70

Controllers of the Multisig Wallet:

  • Deployer
  • Shy
  • LC
  • Lucie
  • Someone Smart

These individuals have been entrusted with managing the funds, each holding one vote and the multisig is 3/5. They are authorized to use the funds solely according to the directives of the DAO. The community will have the opportunity to submit proposals on how these funds should be utilized, ensuring that the allocation reflects our collective vision for the ecosystem.

We encourage all community members to actively participate in upcoming discussions and proposals. Your contribution is essential in shaping the future of the Shiba Inu ecosystem.

Thank you for your continued support and commitment.

Best regards