The Degen team collects Uniswap v3 LP fees and reinvests and distributes them

ChainCatcher news, according to Degen's official Twitter, the Degen team today collected the Uniswap v3 liquidity provider (LP) fees from the past 6 months, of which 8% is allocated for the Degen development work at Gentlemen Labs. Half of the remaining fees will be reinvested into the liquidity pool, while the rest will be allocated to the Degen Foundation. The LP will be locked until January 15 to ensure liquidity safety.