BTC $63,029.80 -0.15%
ETH $1,882.61 -0.06%
BNB $610.90 +0.79%
XRP $1.00 +0.06%
SOL $75.39 -0.02%
TRX $0.3316 -0.06%
DOGE $0.0699 +0.12%
ADA $0.1785 -0.68%
BCH $206.32 +2.06%
LINK $9.56 +8.12%
HYPE $56.91 +1.70%
AAVE $87.00 +0.54%
SUI $0.6821 +0.62%
XLM $0.1586 -0.52%
ZEC $490.87 +0.33%
BTC $63,029.80 -0.15%
ETH $1,882.61 -0.06%
BNB $610.90 +0.79%
XRP $1.00 +0.06%
SOL $75.39 -0.02%
TRX $0.3316 -0.06%
DOGE $0.0699 +0.12%
ADA $0.1785 -0.68%
BCH $206.32 +2.06%
LINK $9.56 +8.12%
HYPE $56.91 +1.70%
AAVE $87.00 +0.54%
SUI $0.6821 +0.62%
XLM $0.1586 -0.52%
ZEC $490.87 +0.33%

The DEGEN Foundation is considering a phased destruction of its holdings of 32.5% of the total token supply

2025-07-29 20:53:24

ChainCatcher news, the DEGEN Foundation is exploring the possibility of a phased burn of its 32.5% share of the total supply of DEGEN tokens to address token dilution issues and inflation concerns, and is seeking community feedback. The foundation stated that it will prioritize long-term sustainability over future large-scale airdrops.

The DEGEN Foundation is considering a phased destruction of its holdings of 32.5% of the total token supply

Related projects
app_icon
ChainCatcher Building the Web3 world with innovations.