Shiba Inu's LEASH V2 Migration Begins with Hexens as Sole Auditor
Shiba Inu's LEASH V2 migration is underway, with Hexens confirmed as the sole auditor for multiple projects, ensuring a consistent security posture. The migration begins with Phase 1, requiring holders to wait for official details.
The LEASH V2 migrator is a 'no-mint' contract, preventing new token creation. Holders with self-custody will migrate via the official portal by burning/locking V1 and receiving V2 at a 1:1 ratio. The new token uses a minimal, standards-based design for reduced attack surface and improved auditability.
Phase 1 requires stakers/lockers to unstake/unlock their tokens and proceed to migrate. Bridge users on networks like Shibarium will be covered in Phase 3 with a clear L1/L2 process, maintaining a 1:1 migration. UniV3/ShibaSwap V2 LPs should wait for Phase 2 guidance and use either the dedicated migrator or the old liquidity snapshot + Proof-of-withdrawal flow.
The LEASH V2 migration is a significant step for Shiba Inu, with Hexens ensuring robust security. Holders should stay informed about official timings, addresses, and portal links for a smooth migration process.
