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Creator of Slerf memecoin hints at upcoming DAO for token holders

Exciting news for all Slerf enthusiasts! The sloth-themed memecoin on Solana is gearing up to form its very own decentralized organization to steer its growth and evolution.

The brilliant mind behind Slerf, who “accidentally” burned a staggering $11 million worth of tokens, has recently revealed plans regarding the establishment of a community board and a decentralized autonomous organization (DAO) exclusively for SLERF token and NFT holders within the Solana ecosystem.

As shared in a post on Jun. 16, the mastermind behind the memecoin expressed the desire to empower the community by providing them with “more control and decision-making power” over the memecoin’s future.

While no specific details have been revealed yet, the anonymous developer hinted that the community board will comprise influential figures from both English and Chinese communities, creating a dynamic environment for community engagement and governance within the Slerf ecosystem.

Despite this exciting development, SLERF coin is currently trading 8% lower at $0.28, based on CoinMarketCap data.

Slerf gained immense popularity within the crypto community when its mysterious founder accidentally burned a significant amount of funds raised in a presale. Despite this setback, traders fueled the token’s value, causing a staggering 4,000% surge just hours after its debut on the market. In a heartwarming gesture of support, various crypto exchanges, including HTX, Bitget, and BingX, pledged to contribute trading fees to assist the Slerf community.


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