The Degen Foundation holds 32.5% of the DEGEN supply, considering phased token burns to maintain long-term development and reward holders, while soliciting community feedback to address inflation concerns.

Golden Finance reports that the Degen protocol is discussing a token burning proposal. Currently, the foundation holds 32.5% of the total supply and is considering gradually dropping the token supply through monthly burns. The proposal aims to optimize the token economic model while retaining the necessary share for the project's ongoing development. The foundation stated that this move will reduce the likelihood of large-scale Airdrops in the future and lower inflation expectations. Community members generally support the proposal. The specific burning schedule and amounts are yet to be determined.

BlockBeats news, on July 25, according to Degen's official news, the DEGEN mini application has been updated and is now fully compatible with The Base App and Farcaster. Before the launch of the DEGEN lottery (about 2 weeks), all reward fees are zero.

According to ChainCatcher news and RootData market data, the Degen Spartan AI Token (DEGENAI) has risen by 478.33% in the last 24 hours, currently priced at 0.01263 USD. According to the Web3 asset data platform RootData, Degen Spartan AI was created by ai16z DAO.

Odaily News Degen stated in a post on the X platform that if developers are developing mini-programs for Farcaster, they will find that DEGEN has become the default Token. This choice was made because DEGEN is more attractive to community users compared to USDC or WETH. In addition, Degen also disclosed that last year they airdropped over 100 million dollars worth of DEGEN Tokens to Farcaster users, and will continue to expand support.

Odaily News Degen stated on the X platform that Airdrop 2 and Raindrops will be available for claiming starting tomorrow, and users can claim them through the verified Farcaster Wallet. In addition, Degen is optimizing the Degen app to make claiming, payments, and browsing smoother.

Degen Spartan believes that modern investing is a "loser's game", emphasizing that surviving in the crypto market is victory. He advises investors to avoid high-risk activities and focus on survival strategies such as maintaining cash reserves and avoiding trading without an edge. In his opinion, the core of the crypto market is to survive and wait for future opportunities by avoiding risks.

Degen Spartan believes that modern investing has evolved into a "loser's game", emphasizing that surviving in the crypto market is victory. He cautions against avoiding high-risk activities, focusing on survival strategies and emphasizing avoiding unnecessary risks to wait for better opportunities. The article emphasizes that in the crypto market, it is important to survive and avoid unnecessary risks.

Odaily Planet Daily News Degen announced on the X platform that Airdrop 2 Season 13 is scheduled to be collected on March 5th.

Odaily Planet Daily News Degen News cited DeFiLlama data on the X platform, indicating that in the past 24 hours, the income of the HyperliquidX protocol was $2.46 million, surpassing pump.fun to rank third.

The Cryptocurrency market Liquidity is drained, the market is fragile, and the accumulation and redistribution phase may lead to significant Fluctuation. It is expected that assets such as RWA, AI, finance, and science have a great opportunity to pump. At the same time, Meme becomes a tokenization culture, absorbing 'degen' Liquidity in the market. The Cryptocurrency field will usher in an interesting year.

ChainCatcher news, according to DEGEN NEWS, Interactive Brokers (IBKR) stated during its earnings conference call on January 21 that it is expected to go live with SOL once regulations are clarified.

PANews

Odaily Planet Daily News Degen announced on the X platform that LiquidityMiningAirdrop is scheduled to take place on Wednesday, January 15th, UTC time, and the Snapshot will continue until January 14th.

PANews

DEGENAI has increased by more than 6 times after its launch on HiBT, with a current price of $0.06041. It is a memecoin on the Solana blockchain and the official role coin of ai16z. HiBT is a trading platform that focuses on early-stage projects and trading experience, introducing a Spot mechanism to drop user risk.

Odaily Planet Daily News Degen announced that Degen Chain has officially migrated to Alchemy, and users can get free Alchemy

Odaily Planet Daily News Degen announced in a post on X that it will migrate from Conduit to the new Rollup-as-a-Service provider Alchemy today. During the migration period (PST 9 am to 3 pm)

Odaily Planet Daily News According to official sources, Moonshot has launched Degen Spartan AI ($degenai), with a current Market Cap of about 90.3 million US dollars and a 24-hour volume of 2080

Jinse Finance reported that Degen tweeted that Season 10 Airdrop 2 Airdrop will be on November 29.

PANews November 20th news, GMGN data shows that CHILLGUYToken's price has risen by 885.4% in the past 24 hours. After its market capitalization briefly exceeded 500 million US dollars, it has now fallen back to 482 million US dollars. In addition, according to DEGEN NEWS monitoring, in the United States, the most popular "HOW TO BUY" Google search suggestions are related to BTC, Cryptocurrency, and meme coins; among them, "how to buy chill guy

BlockBeats news, on November 14th, Degen officially announced that infrastructure migration has been lifted and a series of upgrades will be carried out in the future, including upgrading to OMNICHAIN, launching new development tools, upgrading veDEGEN Vault, decentralized on-chain tips, building fast deployment toolchains for other memecoins, and planning to hold DEGEN's 1 in Poland in February.

Degen officials have decided to migrate DEGEN L3 away from the difficulties of Conduit service, as it has withheld its rollup Secret Key for months and pushed for a faulty upgrade that resulted in 54 hours of downtime and $160,000 in user funds losses. Conduit refuses to take responsibility for the community losses, withholds sequencer fees, and demands a new contract to be signed. The Degen team believes that Conduit has not cooperated sincerely. As a result, bridge volume has dropped by more than 75%.

Degen officially announced the migration of DEGEN L3, away from the difficulties of Rollup deployment platform Conduit service. Conduit pushed a bad upgrade, resulting in 54 hours of downtime, a loss of $160,000 in user funds, and a decrease in bridge volume of more than 75%. Conduit refuses to take responsibility for this and withholds sequencer fees. The Degen team has been working hard to reach a solution, but Conduit has not cooperated sincerely.

Odaily Star Daily News Degen posted on X stating that Season 9 Airdrop 2 and Season 3 Raindrop 2 Airdrop will be distributed on October 31st. The Snapshot will cover all until midnight on October 30th UTC.

PANews October 9th news, the market shows that the popular Token Eigenlayer (EIGEN) has pumped 21.2% in the past 24 hours; Degen (Base) DEGEN has pumped 29.6% in the past 24 hours; Sigma (SIGMA) has pumped 60.8% in the past 24 hours; Mog