50% of the total SHIB supply was sent to Ethereum co-founder Vitalik Buterin as a symbolic gesture of decentralization, with Shiba’s founder stating that “there is no greatness without a vulnerable point” and that “as long as VB doesn’t rug us, then SHIBA will grow and survive.” This bold move ensured that no single entity, including the creators, retained control over the token. Vitalik later donated 10% of the SHIB he received (5% of the total supply) to India’s COVID-19 Relief Fund (around $1 billion at the time). In May 2021, he burned approximately 410 trillion SHIB (about 41% of the total supply). He also publicly clarified that he had no affiliation with the project and requested not to be included in future token distributions without his consent.

50% of SHIB’s total supply was added to the SHIB/WETH liquidity pool on Uniswap at launch, allowing anyone to buy or sell SHIB. To ensure full decentralization and eliminate insider control, Ryoshi explained that a friend he met at Devcon Osaka created the token contract, added 10 ETH to the pool, and then burned the liquidity keys, making the funds permanently inaccessible. This initiative guaranteed no central authority and a fair launch for all participants.

50% of the total SHIB supply was sent to Ethereum co-founder Vitalik Buterin as a symbolic gesture of decentralization, with Shiba’s founder stating that “there is no greatness without a vulnerable point” and that “as long as VB doesn’t rug us, then SHIBA will grow and survive.” This bold move ensured that no single entity, including the creators, retained control over the token. Vitalik later donated 10% of the SHIB he received (5% of the total supply) to India’s COVID-19 Relief Fund (around $1 billion at the time). In May 2021, he burned approximately 410 trillion SHIB (about 41% of the total supply). He also publicly clarified that he had no affiliation with the project and requested not to be included in future token distributions without his consent.

50% of SHIB’s total supply was added to the SHIB/WETH liquidity pool on Uniswap at launch, allowing anyone to buy or sell SHIB. To ensure full decentralization and eliminate insider control, Ryoshi explained that a friend he met at Devcon Osaka created the token contract, added 10 ETH to the pool, and then burned the liquidity keys, making the funds permanently inaccessible. This initiative guaranteed no central authority and a fair launch for all participants.