- SOU creates onchain NFT claims that permanently record user losses and repayment status for transparency.
- Transferable claim NFTs let users sell merge or split positions while every action stays verified on chain securely.
- Ecosystem revenue and licensing income are redirected to fund repayments and enforce long term accountability systemwide.
Shiba Inu announced a structured repayment framework on Monday to resolve pending user losses from the Plasma Bridge hack.
The update presents a formal, on-chain procedure which supplants previous informal recovery operations. The proposal focuses on the transparency, traceability, and responsibility in the long term of the entire ecosystem.
Formal On-Chain Repayment Framework Introduced
The repayment initiative is titled Shib Owes You, also known as SOU. The framework converts verified user claims into NFTs issued on Ethereum. Each NFT records the principal amount owed to a specific wallet. The records remain permanently visible on-chain and are mirrored in private databases for redundancy.
The system creates a standardized method to track unresolved balances. It also provides users with a clear reference for repayment status. By using smart contracts, the project aims to remove ambiguity around outstanding claims. The approach shifts recovery from discretionary handling to protocol-based execution.
The announcement was detailed in a year-end update from the project’s original developer. The document outlined how SOU changes the handling of past losses. It also explained how the structure enforces consistency across future repayments.
Transferable Claim Tokens and Flexible Management
Under SOU, claim NFTs remain transferable. This feature allows users to exit positions before full repayment. Holders can sell their tokens on supported marketplaces once the platform launches. This option offers liquidity for users who prefer not to wait.
The framework supports flexible claim management. Users with multiple affected wallets can merge claims into one NFT. This reduces complexity and simplifies tracking. At the same time, large holders can split claims. They may sell part of a claim while keeping the remainder active.
Each action remains recorded on-chain. Transfers, merges, and splits follow audited logic. This ensures that claim histories stay intact. The design balances user choice with system integrity.
Revenue Controls and Funding Commitments
Repayment funding will come from tighter control of ecosystem revenue. All projects using the Shiba Inu name must allocate part of their income to the SOU pool. This rule also applies to partner platforms and related publications.
The reorganization introduces strict cost controls. Teams will pause or discontinue projects that fail to generate revenue. The aim is to protect funds and prioritize restitution. Licensing rules for Shiba Inu intellectual property will also change. Future licensing income will flow directly into the repayment program.
These measures centralize financial discipline. They also create a consistent funding stream for user recovery. The framework ties ecosystem growth to accountability.
Security Reviews and Network Stabilization
The SOU smart contracts have completed security reviews. Hexens audited the minting process and transfer functions. The review also covered claim merging and splitting logic. Despite the audit, the platform has not launched yet. Earlier in November, the Shiba Inu team released a major upgrade of the Shibarium network to enhance decentralization.
No official interface is currently available. Users have been warned to avoid third-party sites offering early access. Any premature platform claims remain unauthorized.
The announcement followed recent technical stabilization across the network. The Plasma Bridge is operational again with added safeguards. These include a seven-day withdrawal delay and hardware-based custody for critical contracts. All repayments will execute on-chain through audited systems.
