Solana treasury company DFDV will no longer be responsible for the daily ecological operations and management of Meme coin DONT

Odaily Planet Daily News: The Nasdaq-listed Solana treasury company DeFi Development Corp. (DFDV) announced that it will no longer be responsible for the daily ecological operations and management of its Meme coin DONT. The ecological leadership will be transferred to an independent team led by Daniel Reis-Faria, which will focus on the development of the DONT ecosystem, community building, partnership expansion, and liquidity enhancement. DFDV added that it will continue to hold its DONT treasury allocation, which currently accounts for approximately 31.6% of the total DONT supply, and will hold it long-term in accordance with the project's initial commitment.