Slerf (SLERF)
SLERF is a memecoin that made its debut on March 18, 2024, operating on the Solana blockchain. It features a character inspired by the sloth, symbolizing a relaxed and steady approach to the cryptocurrency market. The coin was introduced with the aim of being an engaging and fun meme token, capturing attention with its unique concept.
During the presale, an unexpected event occurred when tokens intended for liquidity provision and airdrop distribution were accidentally burned. This incident inadvertently reduced the token supply, impacting the initial distribution plan. In response, the developer promptly addressed the community through an X-Space session, ensuring transparency and accountability. This move garnered attention and support from influential figures, elevating SLERF's profile within the crypto space.
| Ticker | SLERF |
| Category | Solana Ecosystem |
| Website | https://www.slerf.wtf/ |
| @Slerfsol | |
| Contract Addresses | |
|---|---|
| solana | 7B...M3 Copied! |
Timeline of events
Following the presale incident, efforts were made to support affected investors. On March 19, a wallet was established to assist those who participated in the presale. LBank played a significant role by donating and managing the donation address.
Cryptocurrency leader Justin Sun announced that HTX would allocate trading fees to benefit those involved in the private sale on HTX and contribute HTX tokens for SLERF's trading fee mining. Similarly, Bitget's managing director, Gracy Chen, committed to supporting the community by dedicating SLERF trading fees to aid presale participants. Meanwhile, BingX from Singapore also pledged to donate trading fees and distribute tokens to addresses involved in the Slerf private sale. Additional exchanges like XT.COM, OneDEX, and Hawksight have also committed to supporting the SLERF community.
Tokenomics of SLERF
SLERF has a circulating supply of 499,997,750 coins, with a maximum supply set at 499,997,751 coins. At launch, 100% of the liquidity pool was burned, and no tokens were allocated to the presale. Ownership has been relinquished, ensuring no new tokens can be minted. SLERF tokens are available for trading on numerous centralized and decentralized platforms, including Bitget, Gate.io, HTX, BitMart, LBank, OneDex, MEXC, Raydium, and Orca.
Technology behind SLERF
SLERF is built on the Solana blockchain, a smart contract platform known for its innovative transaction verification method. Solana combines proof of stake with its unique proof of history system, offering a robust technological foundation for SLERF. The coin's ownership structure emphasizes decentralization, with full renouncement of ownership and zero creator and Token Update Authority balances. This approach empowers the community, distinguishing SLERF from other memecoins by fostering a decentralized development process.