Shiba Inu Unveils Confidential Dual-Phase Strategy to Compensate Hack Victims

crypthub

about 13 hours ago

Recovery Plan Overview

The Shiba Inu team, led by developer Kaal Dhairya, launched “Shib Owes You” (SOU) to compensate victims of the September Shibarium hack. SOU combines blockchain‑verified NFT claims with a community‑driven liquidity pool on Binance Smart Chain. The dual‑layer design separates transparent accounting from fund‑raising activities.

Ethereum NFT Claims

Each affected user receives an SOU NFT on Ethereum that records the exact amount owed. The NFT acts as a permanent, auditable proof of claim, updating as payouts or donations are applied. Holders can merge, split, or transfer tokens, allowing flexible management of their balances.

BSC Community Funding

A separate BSC token ecosystem, currently powered by Woofswap, generates trading volume and fees that funnel into the recovery fund. These tokens do not replace the NFT debt records but serve as a liquidity engine to finance payouts. The clear split ensures the Ethereum layer tracks truth while the BSC layer creates the financial resources needed.