Shiba Inu Tightens Security: Shibarium Probes Rug Pulls and Launches DAO Governance

Shiba Inu Tightens Security: Shibarium Probes Rug Pulls and Launches DAO Governance
Share this article

Shiba Inu’s development team is stepping up its efforts to protect the Shibarium ecosystem, launching an internal investigation into suspected rug pulls and rolling out a new decentralized governance model. These moves come as the crypto world faces a surge in sophisticated scams, with Shiba Inu aiming to reinforce trust and empower its community.

Shibarium Under the Microscope

The Shiba Inu team has initiated a thorough review of past activities on Shibarium, its Layer-2 blockchain, after concerns surfaced about certain groups exploiting the network for personal gain. According to core contributor Davinci.Shib, some actors have been profiting from Shibarium while simultaneously undermining its reputation, prompting the team to take a closer look at potential internal manipulation .

The investigation is focused on identifying so-called “rug pulls”—scams where project creators drain funds and abandon their tokens, leaving investors with losses. The team has committed to publishing any findings that are backed by solid evidence, but will avoid making accusations without proof, maintaining a balance between transparency and responsible reporting.

Community Warnings and Security Push

Shiba Inu’s leadership has also warned users about the increasing number of scams targeting the ecosystem. Marketing lead Lucie highlighted the risks of social media account hijackings and fraudulent projects, urging the community to stay vigilant and verify information before engaging with new tokens or dApps.

This heightened caution comes at a time when rug pull losses across the crypto industry have soared, with nearly $6 billion lost in 2025 alone—a staggering 6,500% increase from the previous year . While the number of incidents has dropped, the scale and sophistication of these scams have grown, making robust security measures more critical than ever.

ShibDAO: Decentralization in Action

In parallel with its security efforts, Shiba Inu has officially launched ShibDAO, a new governance framework designed to give the community a direct voice in the project’s future. ShibDAO introduces a tiered model, distributing responsibilities across four key DAOs:

SHIB DAO: Oversees community initiatives

BONE DAO: Guides protocol development

LEASH DAO: Mediates internal disputes

TREAT DAO: Funds dApp innovation and ecosystem growth

This structure allows users to participate in decision-making, propose upgrades, and even form sub-DAOs focused on specific interests like art, DeFi, or public goods. The launch also coincides with Bury 2.0, an upgraded staking system where users can lock SHIB, BONE, LEASH, or TREAT tokens to earn voting power—the more and longer you stake, the greater your influence within the ecosystem.

A New Chapter for Shiba Inu

By combining a crackdown on internal threats with a push for decentralized governance, Shiba Inu is signaling its evolution from a meme coin to a robust, community-driven Web3 platform. These changes aim to foster long-term sustainability, transparency, and user empowerment, setting a new standard for security and participation in the crypto space.

Related News