DFDV Stops Managing DONT Ecosystem Operations, Leadership Transferred to Independent Team

Solana treasury company DeFi Development Corp. (DFDV) announced that it will no longer be responsible for the daily ecosystem operations management of its meme coin DONT, with leadership of the ecosystem being transferred to an independent team led by Daniel Reis-Faria. This team will focus on the development of the DONT ecosystem, community building, partnership expansion, and liquidity enhancement. DFDV stated that it will continue to hold its DONT treasury allocation, which currently represents approximately 31.6% of the total DONT supply, and will hold it long-term in accordance with the project's initial commitments.

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