Shiba Inu Team Confirms Delayed Migration Is A Go, Here’s What’s Coming

After weeks of anticipation and setbacks, Sheba Eno The development team officially confirmed that The long -awaited migration from V1 steering wheel is ready to start. The delay arose from the need to treat defects in the distinctive symbol contract for the original steel and complete a comprehensive security audit. Now that these obstacles have been cleared, the developers say that moving to the V2 steps has started to start in the coming days.

The Shiba Inu team confirms the immigration

according to A newly blocked post by The Shiba Inu team has been completed, and the security review of the Leash V2 and the immigration mechanism by Hexens, which now wiped the road for long operation.

The developers explained that they participated in six -year -olds to conduct a full independent audit of the integrated system, covering the distinctive symbol of the steering wheel, immigrant, and all related flows. Now that the security company has cleared the audit, the deportation is expected to start any time soon.

Hexens is a cybersecurity security company that focuses on Web3 known for smart contract reviews and protocol. Its rich record extends Ethereum, Solana, Cosmos and BNB, as the company’s audits protect the chain.

With the start of the deportation, developers warned Leash V1 to use official links only on SHIB.IO and check social channels Shiba Inu To avoid falling prey in fraud. Once the deportation window is closed, any unused codes for the steering wheel will be burned in the Multisig portfolio to impose strict supplies.

How will immigration work

Now that all security boxes have been marked, it is expected that the deportation from Leash V1 to Leash V2 at any time in the coming days. Immigration will take place in the planned stages carefully to ensure fairness across different types of holders.

In the first stage, the Holds of the direct steering wheel will be able as well as those who have the distinctive or closed symbols of migration by burning or locking the V1 symbols to receive V2 equivalent percentage based on the current V1 offer. The liquidity providers are included on the UniSWAP V2 and Shibaswap V1 also at this stage.

The second phase of the UISWAP V3 and Shibaswap V2 LPS processing will be dealt with, which requires surface shots and mechanisms to prevent the besieged value. Finally, the third stage will cover the bridge users and those who carry the steering wheel on the shibarium for 1: 1 of these symbols.

The steering wheel contract was originally promoted as a symbol of fixed mutation, but the hidden weakness means that re -supply mechanisms can change the supply through the approved agents. This weakness was exploited earlier this year and this led 20 % unplanned increase in the width.

To restore Confidence and protection holders, The developers chose to create a V2 steering wheel. According to developers, the upgrade removes any mining or reformulation gaps, as the entire V2 supplies are pre -full and secured in a multi -settling portfolio.

At the time of this report, the wheel is traded at $ 24.94, a decrease of 3.22 % over the past 24 hours.

Distinctive image from Adobe Stock, Chart from TradingView.com

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