Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Slerf Strengthens Project Governance with DAO Voting for SLERF NFT Holders
ALTCOIN NEWS

Slerf Strengthens Project Governance with DAO Voting for SLERF NFT Holders

By Crypto FlexsAugust 17, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Slerf Strengthens Project Governance with DAO Voting for SLERF NFT Holders
Share
Facebook Twitter LinkedIn Pinterest Email
  • Sleep introduced a decentralized voting system.
  • The voting system is limited to a specific group of users.
  • These users cannot transfer their voting rights.

Slerf, a Solana-based memecoin project, today announced the launch of a decentralized voting system for SLERF NFT holders.

Slerf rose to fame after a failed launch in March of this year, when the project’s developers “accidentally” burned through $10 million of pre-sale funds due to “a simple, pointless click.” The misfortune ended when the crypto community came to the project’s aid, and the market cap shot up to over $750 million in a matter of hours.

Slerf DAO Voting System

According to an August 17 post on X (Twitter), the Slerf DAO voting system is now live, allowing SLERF NFT holders to influence the future direction of the project by voting or submitting proposals directly via Discord.

The project clarified that each NFT represents one vote within the DAO proposal, and that the holder cannot transfer his/her vote to another person when sold.

“Each NFT can only be used to vote once. This means after you transfer your NFT to another wallet after voting it cannot be used to vote again. This goes for sales as well,” the project wrote on its website. “Votes cannot be changed.”

This approach is expected to encourage community engagement and participation by allowing NFT holders to directly participate in key decisions. This comes after Slerf recently announced that it will offer NFTs that can be minted exclusively on OKX’s multi-chain non-fungible token marketplace.

Read why the Solana ETF could launch sooner:
Why the Solana ETF May Be Closer Than You Think

Get the latest updates on WazirX’s crisis after $230 million fraud case.
WazirX faces backlash as users demand INR balance recovery

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025
Add A Comment

Comments are closed.

Recent Posts

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025
Most Popular

Are you betting on Solana and ‘Pup Coin’? Here’s why this executive supports the idea:

May 3, 2024

Ginnan The Cat Price Prediction: GINNAN Drops 6% as Investors Pile On This Native Meme Coin for 837% APY

August 16, 2024

How fintech can make payments more convenient for gamers

December 14, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.