This will bring you to this screen, where you’ll choose the server (or what is sometimes referred to in the official Python Discord bot API as a “guild”) into which to drop your bot. Click ...

At around 5:12 PM EST, Discord removed the rate-limiting but warned that users might continue seeing issues interacting with bots using the slash commands. Over time, these issues will be resolved.

Discord said that its ecosystem will improve in the future with its $5 million fund, and this gets a significant boost now with its AI incubator which OpenAI's API will help in developing.

An "elevated API latency error" on Discord occurs when there is a significant delay in communication between the app or browser you are using and Discord's servers.