Shiba Inu Unveils Dual-Layer Recovery System to Compensate Users Affected by Hack
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Compensation Plan Launch: Shiba Inu developer Kaal Dhairya announced the introduction of the “Shib Owes You” recovery plan in his year-end letter, aimed at reimbursing users affected by the Plasma Bridge hack through blockchain-verified claims and community fundraising mechanisms, demonstrating the project's commitment to addressing user losses.
- NFT Proof Mechanism: The initiative utilizes SOU NFTs minted on the Ethereum blockchain to provide each affected user with cryptographic proof of their claims, ensuring transparency and traceability for each claim, which enhances user trust in the project.
- Community Support Layer: On the Binance Smart Chain, a community-driven liquidity generation mechanism is being implemented through the Woofswap project, aimed at supporting recovery efforts through transaction fees, highlighting the critical role of community involvement in ecosystem rebuilding.
- Importance of Dual Structure: The Ethereum NFTs represent verified debt records within the ecosystem, while the Binance Smart Chain tokens serve as a liquidity engine, with both layers complementing each other to ensure the effectiveness and sustainability of the compensation plan.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
