Kaal Dhairya Addresses 10 LEASH Supply Spike Amid Decentralization Concerns

Kaal Dhairya, Shiba Inu’s top developer, has addressed the recent surge in LEASH token supply, a move that had stirred controversy among the community. On August 11, 2025, an additional 10,765 new LEASH tokens were created, marking a 10% increase in the total supply. This development contradicted earlier assurances from the project that rebasing—automated changes to the token supply—had been disabled [1]. The unexpected expansion has raised questions about the system’s decentralization, with Dhairya acknowledging that a “rebase pathway” still existed in the smart contracts due to preauthorized functions that allowed for supply changes without owner intervention [1].

Dhairya described the situation as a breach of trust, as many in the community believed the token supply was fixed. He argued that such an event could undermine the value of existing holdings and distort market expectations. The developer also noted that while the Shiba Inu ecosystem is often perceived as decentralized, the incident highlights the lingering influence of centralized control [1]. This sentiment has fueled calls for greater transparency and governance reforms within the project.

In response, Dhairya proposed a vote by the LEASH DAO to determine the next course of action. Options include negotiating with the original developer or launching a new token contract—LEASH v2—that would undergo a full audit to ensure no rebase mechanisms or backdoor supply adjustments remain [1]. The proposal has generated significant interest, with some community members advocating for swift action to restore confidence. Others have raised concerns about whether similar vulnerabilities could exist in other tokens within the SHIB ecosystem [1].

The situation underscores the challenges of managing a rapidly evolving decentralized project. While the adjustment was framed as a strategic move to enhance liquidity and utility, the lack of prior communication has led to skepticism and criticism. The developer’s public acknowledgment and proposed solution signal a rare moment of engagement with the community, which could influence how the ecosystem is perceived and governed in the future. As the DAO process unfolds, the Shiba Inu community will be closely watching for developments that could reshape the direction of the project.

Source: [1] Shiba Inu Top Developer Breaks Silence on LEASH Supply Boom (https://u.today/shiba-inu-top-developer-breaks-silence-on-leash-supply-boom)