- Shiba Inu is launching elections to select a president and DAO council to manage its decentralized token and governance system.
- The elections include a nomination round, public debate, and two voting phases, with candidate verification required.
- Governance responsibilities will include oversight of the ecosystem’s token economy, DAO structure, and long-term treasury planning.
The Shiba Inu team has announced a formal election process to transition its ecosystem into a fully decentralized digital governance model. The upcoming elections will appoint an interim president and foundational members of a decentralized autonomous organization (DAO) council.
According to the official statement, the elections will follow a structured process laid out in the amended Hounds Constitution. The new provisions enable a multi-phase voting system that includes public participation. Candidates must create verified profiles, pass Know Your Customer (KYC) procedures, and sign confidentiality agreements.
Three-Phase Voting Will Select Interim President
The interim president will be elected through a three-step public voting process. An open nomination phase allows all eligible individuals to enter. From there, the top 10 nominees will move to a debate round. A subsequent vote will reduce the candidates to three, followed by a final vote to determine the president. The selected leader will be formally ratified by DAO branches once Shibizenship becomes active within four months.
The interim president and council will lead the administrative and technical transition of the Shiba Inu ecosystem. Responsibilities include managing DAO operations, forming the first inter-branch congress, and overseeing the $7 billion token infrastructure. The team will also guide the application of the “Shib Paper” vision, which outlines long-term ecosystem goals.
Economic Council to Oversee Treasury and Revenue Strategy
An amendment proposes placing the Economic Council under Shib DAO governance. This body will focus on treasury management, revenue generation, and sustainability outside the core DAO structure. The Treat DAO will remain active during the interim phase, supporting development and innovation initiatives.
Following the elections, Shiba Inu developers aim to implement infrastructure enhancements proposed by WoofSwap. The changes are intended to improve the efficiency and fairness of the Shibarium blockchain layer.
While the governance shift was announced, the SHIB token experienced a 4% dip, trading at approximately $0.00001198 based on recent data. The election timeline will be released by the Shiba Inu Foundation in the coming weeks.