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Slerf completes refunds for $10M burned presale meme coins from March 2024

Crypto Briefing
Slerf, a Solana memecoin, finalized refunds totaling $10 million for tokens accidentally burned during its March 2024 presale.

Summary

The Solana-based meme coin project, Slerf, has successfully completed refunds amounting to $10 million for tokens that were inadvertently burned during its presale in March 2024. This action follows a recent token migration process initiated by the team to revive the project. By publicly committing to and executing this comprehensive refund process, Slerf is emphasizing accountability and aiming to restore community confidence following the major token mishap.

(Source:Crypto Briefing)