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Major SHIB Decentralization Statement Made by SHIB Team: It's Action That Matters
She spoke about why DAOs are made, stressing the importance of the community when it comes to real decentralization in the crypto space. She stressed that decentralization is about action, not permission.
Most important aspect of decentralization
Lucie spoke about DAOs, saying that these decentralized systems do not need any approvals. They give users opportunities “to build, vote, and contribute — directly and transparently” without any intermediaries. They provide open infrastructure and the opportunity to act, Lucie stresses.
Lucie also reminded the audience that it is the community that runs the whole thing — not a team or a leader. The community rules through the tokens they stake. Every user who connects a wallet and stakes crypto has a voice for “protocol changes, treasury allocation, governance.” Therefore, there is no actual leadership, Lucie insists. There are developers in it, who build openly, and there are “strong personalities who lead by being consistent, progressive, and loud about innovation.”
She shared “guidance” on how to become a leader that the community will want to follow: “You must become one through your actions, your presence, and your consistency — and even then, the community decides whether to follow.”
As for the Shiba Inu system, Lucie said there are between two and three million holders in it. Of course, there are trolls there too, she said, a group of around 30 whose projects have failed and who keep criticizing the SHIB dev team. But, she stated, this group “doesn’t get to speak for the entire community.”
Going further, Lucie warned the SHIB army: those who are in crypto and with SHIB for the long term should “ignore sideshows,” she said. These users should “watch the chain. follow the builders” and remember that “decentralization rewards action, not attention.”
SHIB price rallies along with Bitcoin
Since Thursday, July 10, the second-largest canine-inspired meme cryptocurrency, Shiba Inu, has rallied by almost 12%, soaring from $0.00001246 and hitting $0.00001394.
SHIB and the rest of the market followed the bellwether crypto, Bitcoin, in its recent rally, when it smashed several consecutive new all-time highs within a week. BTC surpassed the $118,000 level on Wednesday and, earlier today, broke through the $122,000 price mark, setting a new historic peak.