(Saturday 17 August 2024, 08:16 AM GMT):
The Slerf community is taking a big step forward today as the team behind the memecoin, built on the Solana blockchain, has announced the launch of its new DAO (Decentralized Autonomous Organization) voting system today on X.
With this new system, every NFT (Non-Fungible Token) owned by members of the Slerf community will act as a voting token, giving holders the power to influence the direction of the project. This means that each NFT represents one vote, allowing holders to have a say in key decisions that affect the future of Slerf.
Source: X
The voting process is simple: NFT holders can submit proposals through Discord, where they can discuss and gather support from other community members. Proposals that receive significant backing will then be put to a vote on the official Slerf website. This system is designed to ensure that the community plays an active role in shaping the development and growth of Slerf.
Launched on 18 March 2024, during a wave of Solana-based memecoins, Slerf quickly gained attention. It reached an all-time high (ATH) of $1.48 but has since experienced a significant drop in value, currently trading at $0.147. Despite this decline, Slerf remains a notable player in the market, with a market cap of $73 million, according to Cryptorank.
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial or investment advice.
