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ETH $2,310.71 -2.16%
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ADA $0.2452 -2.94%
BCH $440.02 -1.92%
LINK $9.14 -3.16%
HYPE $43.00 -3.51%
AAVE $92.73 -17.74%
SUI $0.9414 -3.69%
XLM $0.1676 -0.97%
ZEC $325.89 -0.61%

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
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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.

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