According to Odaily Planet Daily, Shiba Inu developers have announced that the long-delayed LEASH v2 migration will begin in the coming days after security firm Hexens completed its review and approval of the new token and its migration contract. Previously, the team had noted a hidden flaw in the original LEASH code that compromised its fixed supply design, leading to months of uncertainty. This approval puts an end to the issue.

Developers stated that after the new fix, the contract cannot mint new tokens under any circumstances, and the entire supply of v2 has been pre-minted into a multi-signature wallet. During the migration process, v1 tokens will be locked or destroyed, and the multi-signature wallet will release v2 tokens in proportion to each holder's stake. The redesign is based on the OpenZeppelin ERC-20 library to keep the token simple and auditable. Any advanced features (such as privacy layers) will be added later through wrappers rather than modifying the base token. (Coindesk)