The Shiba Inu development team has officially rolled out LEASH v2, a new version of the ecosystem’s exclusive token designed to correct a long-standing supply controversy. Over the past week, LEASH holders expressed growing concerns after a hidden rebase path in the original contract unexpectedly increased supply, resulting in a 20%+ dilution from the 107,646 baseline. This prompted swift action from the current Shiba Inu developers, and LEASH v2 is both a corrective measure and an opportunity to restore community confidence.
LEASH v2 Brings A Hard-Capped Supply
According to Shiba Inu marketing lead Lucie, the most important change in LEASH v2 is the permanent fix to supply manipulation risks. Posting on the social media platform X, she explained that after migration, LEASH v2 will have a fixed, hard-capped supply of 107,000, exactly as originally designed. No new rebasing, no hidden minting functions. This is a clean slate contract. This means token holders no longer need to worry about accidental inflations or hidden vulnerabilities undermining the scarcity and value of LEASH.
The issue stemmed from a rebase function left in the original contract by a departed developer five years ago, which went unnoticed until the recent glitch. The team documented those mechanics and presented the community with a DAO-led route forward of migrating to a fixed-supply, audited LEASH v2 using the last trusted snapshot.
That plan also outlines the burn-to-claim model, where holders destroy the old token to clai
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Author: Scott Matherson
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