Shiba Inu LEASH V2 Migration Launches Within Days After Security Audit Completion
Shiba Inu’s ecosystem prepares for a significant milestone as the LEASH V2 migration receives final security clearance. The migration will launch within days after completing a comprehensive security audit by Hexens. This development addresses critical supply issues that have affected the original LEASH token since August 2025.
The need for LEASH V2 migration stems from an unexpected 10% supply increase that occurred on August 11, 2025, despite years of messaging that the supply was fixed and rebasing was disabled. The supply dilution resulted from a still-wired rebase pathway that survived ownership renouncement, undermining community trust in the token’s fixed supply promise.
LEASH V2 Migration Features Comprehensive Security Measures
The migration delivers a simplified, fully audited token contract alongside a carefully designed migration process that protects long-term holders and liquidity providers. Developer Kaal Dhairya emphasized the team’s focus on building mechanics that prioritize community interests and token stability.
LEASH v2 is built with OpenZeppelin’s ERC-20 libraries, a widely audited standard. The migration contract itself cannot mint new tokens and holds no V2 tokens, ensuring additional security layers for participants. The LEASH v2 tokens are pre-minted and held in multisig, ensuring the absence of unauthorized minting functions.
LEASH V2 Migration Implements Fair Distribution Model for Token Holders
The migration follows a fixed ratio model that ensures holders of LEASH V1 easily move into LEASH V2 without supply dilution. This approach maintains token value integrity while addressing the supply issues that emerged in the original contract.
The calculation follows simple logic: “held = whole, sold = reduced, sold out = zero (unless you rebuy),” ensuring that loyal holders are made whole, while those who sold their tokens receive a proportionally reduced amount in the v2 distribution. This mechanism rewards long-term community members while naturally discouraging speculative trading behavior.
Dhairya emphasized that the approach “honors long-term holders, naturally reduces sellers, remains auditable, and gives venues a viable way to support you”. The strategy seeks to repair trust while preserving fairness throughout the migration process.
LEASH V2 Migration Rollout Follows Three-Phase Implementation Strategy
Shiba Inu’s lead developer has released a detailed, three-phase migration plan for LEASH v2, providing a clear roadmap for holders, stakers, and liquidity providers. This structured approach ensures smooth transitions for different participant categories within the ecosystem.
The phased rollout addresses various stakeholder needs while maintaining system stability throughout the migration period. Each phase targets specific user groups, allowing for careful monitoring and adjustment as the process unfolds. This methodical approach reflects lessons learned from previous ecosystem upgrades.
At the end of the migration window, unclaimed tokens will be handled according to predetermined protocols, ensuring no value is lost during the transition period. The migration window provides adequate time for all participants to complete their token conversions.
LEASH V2 Migration Strengthens Shiba Inu Ecosystem Foundation
The successful completion of the security audit marks a crucial milestone for Shiba Inu’s broader ecosystem development. The migration includes plans for cross-chain expansion, positioning LEASH V2 for greater utility across multiple blockchain networks.
The migration strategy seeks to stabilize the token supply and restore community confidence through a DAO-led governance model. This governance approach ensures community input in future decisions affecting the token’s development and utility.
The migration represents more than a technical fix. It demonstrates the team’s commitment to transparency and community protection. The comprehensive audit process and detailed migration plan showcase professional standards that benefit the entire ecosystem.
LEASH V2 Migration Sets New Standards for Token Upgrades
The migration establishes precedents for handling supply issues and community concerns in decentralized finance. The emphasis on security audits and transparent communication provides a model for other projects facing similar challenges.
With the audit complete and launch imminent, LEASH holders can prepare for the transition to a more secure and stable token. The migration promises to restore confidence while maintaining the token’s role within the Shiba Inu ecosystem.
The LEASH V2 migration launches soon, offering holders a path to a more secure and trustworthy token. Community members should monitor official channels for specific launch timing and migration instructions.
