The Shiba Inu ecosystem recently revealed a collaboration with Shiro Neko (SHIRO), a cat-themed Ethereum-based memecoin. This partnership introduces a dual-staking mechanism, enabling users to stake SHIB to earn SHIRO and vice versa. Set to launch on December 2, this initiative aims to create new opportunities for both token communities and drive engagement.
Transparency Concerns Addressed by Lead Developer
Despite the excitement, the collaboration has sparked concerns within the Shiba Inu community. Questions about the legitimacy of Shiro Neko led Shytoshi Kusama, Shiba Inu’s lead developer, to clarify his stance. Addressing speculation, Kusama stated he has no involvement with Shiro Neko and requested that his name not be linked to the project.