Anatoly Yakovenko, co-founder of Solana, announced the launch of a memecoin experiment named Percolator / SOV on the devnet. This initiative allows users to use the same token as collateral for transactions. The associated fees will be permanently locked into an insurance fund, effectively reducing the token's circulating supply.
Solana Co-Founder Launches Memecoin Experiment on Devnet
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
