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2026-06-25 06:21 1mo ago
2024-09-30 11:21 1yr ago
OKX stahuje LEASH z obchodování
LEASH Doge Killer SHIB Shiba Inu
CoinGecko News 78
Original source text
Mon, 30/09/2024 - 11:21

OKX, world’s second-largest crypto exchange, has announced delisting of LEASH, one of key tokens in Shiba Inu ecosystem, signaling doubts over its future

Cover image via www.freepik.com

It has just been announced that the world's second largest cryptocurrency exchange, OKX, will delist LEASH, a token from the Shiba Inu ecosystem. Along with SHIB and BONE, this token is one of the essential elements of the space around the popular meme-inspired cryptocurrency.

For those who may not know, LEASH was launched in 2021 by anonymous Shiba Inu creator Ryoshi. From the beginning, it was stated that the token would be used to buy land in the metaverse project built around the meme coin. In addition, LEASH was used in the presale of the Shiba Inu-centric NFT collection of Shiboshis.

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However, all of these factors were unimportant for the OKX team, who decided to remove the Shiba Inu token from their platform. 

Along with five other cryptocurrencies whose names will be remembered by those who entered the market years ago, LEASH was ordered to exit. The rationale behind the delisting is to maintain a robust spot trading environment and get rid of assets that do not meet listing criteria.

No need for LEASH?According to CoinMarketCap, the exchange was the largest market for LEASH in terms of liquidity, accounting for 24.78% of the token's total turnover. 

LEASH to USD by CoinMarketCapHowever, in monetary terms, it was only around $576,000 - an awfully small amount for the cryptocurrency market and especially for a listing on the second largest platform that held it.

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It seems logical that with the metaverse and the NFT sector of the crypto market, the assets associated with it and its a corresponding utility will be forgotten and delisted. Shiba Inu did not make much progress with its metaverse project, focusing more on Shibarium. Thus, it is not surprising what reputation LEASH has, as its prospects are, to put it mildly, very unclear.

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2026-06-25 06:21 1mo ago
2025-08-12 09:37 11mo ago
Nabídka LEASH vzrostla, Shiba Inu navrhuje kontrakt v2
LEASH Doge Killer SHIB Shiba Inu
CoinGecko News 78
Original source text
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Kaal Dhairya, Shiba Inu’s (SHIB) top developer, has provided clarity on the surprise and controversial change in LEASH’s token supply. In an update shared on X, Dhairya explained how LEASH’s total supply increased by approximately 10%.

Concerns around LEASH's rebase pathwayNotably, LEASH supply increased after an additional 10,765 new tokens were created on the platform on Aug. 11, 2025. This marked a significant development given that, for many years, community members believed in a fixed supply.

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The project had also claimed that it disabled rebasing. For clarity, rebasing means automatically adjusting the token supply via code. Rebasing could either be positive or negative, depending on the increase or decrease of every holder’s balance.

Dhairya highlighted that on Aug. 11, the team observed that a "rebase pathway" still existed in the smart contracts. This was linked to preauthorized contracts that allowed for changes without owner intervention.

According to him, this is a trust breach, as members of the community believed the token supply was unchangeable. Dhairya maintains that this undermines the system and could impact the price as it dilutes value for existing holders.

The Shiba Inu developer also noted that while the system appears decentralized, the current development suggests that control remains centralized.

DAO Proposal for LEASH v2 Contract Gains SupportDhairya proposed that the LEASH decentralized autonomous organization (DAO) will need to act. 

To do this, voting will be carried out to decide to negotiate with the original developer or create a completely new token contract. This new contract, LEASH v2, will be audited to ensure there are no rebases or backdoor supply changes.

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The message has sparked a reaction among community members, with some proposing that the DAO be implemented as soon as possible. Others wondered if the same breach could happen with other coins in the SHIB ecosystem.

A user wondered if, with the LEASH v2 contract, the supply could be reversed. The coming days might provide more clarity to the SHIB community. Beyond the current events, Lucie, the marketing lead, has promised exciting times ahead.