Shiba Inu developer Kaal Dhairya has outlined a comprehensive recovery plan for users affected by the September Shibarium hack. The initiative introduces “Shib Owes You” (SOU), a dual-layer system designed to reimburse victims through blockchain-verified claims and community-driven fundraising mechanisms.
The announcement came through Dhairya’s year-end letter, which detailed how the cryptocurrency project plans to address losses from the Plasma Bridge exploit. The recovery framework combines official NFT-based accounting with community-powered liquidity generation across multiple blockchain networks.
NFT-Based Claims on Ethereum Blockchain
The SOU system operates through NFTs minted on the Ethereum blockchain. Each affected user receives an SOU NFT that serves as cryptographic proof of their claim against the Shiba Inu ecosystem. These tokens function as permanent, verifiable records rather than traditional database entries.
The NFTs track principal amounts owed to individual users. The recorded debt decreases as payouts occur or community donations arrive. Users can verify their original claim amount, track received payments, and monitor outstanding balances through the blockchain. The system allows NFT holders to merge, split, or transfer their claims as needed.
Shiba Inu team member Lucie provided additional clarity on the system’s structure. The official layer consists of SOU NFTs on Ethereum, representing the team’s formal accounting mechanism. These tokens document losses from the Plasma Bridge exploit with complete transparency and auditability.
The NFTs maintain dynamic records that specify exact amounts owed to each holder. Lucie emphasized that these Ethereum-based tokens function purely as accounting instruments. They do not generate funds but instead track the ecosystem’s debt obligations to affected users.
The second component operates on the Binance Smart Chain (BSC). This community-powered layer focuses on generating liquidity and transaction fees to support the recovery effort. Woofswap currently stands as the first project committed to this initiative.
The BSC implementation differs fundamentally from the Ethereum NFTs. Lucie clarified that BSC tokens do not replace official claim records or serve as IOUs. The tokens instead create a funding mechanism that directs trading activity toward donations and ecosystem rebuilding.
This layer generates volume through user activity, with resulting fees contributing to recovery funds. The community support structure operates independently from official Shiba Inu products. Its purpose centers on creating financial momentum rather than tracking individual claims.
The distinction between both layers remains crucial to understanding the recovery framework. Ethereum NFTs represent verified debt records—the “truth layer” of what the ecosystem owes. BSC tokens function as the “liquidity engine,” generating resources to fulfill those obligations.
Source: https://coinpaper.com/13674/shiba-inu-reveals-secret-two-layer-plan-to-pay-back-hack-victims
