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TRX $0.3281 +0.52%
DOGE $0.0700 -0.43%
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BCH $211.89 +0.68%
LINK $8.44 +1.33%
HYPE $53.16 -3.31%
AAVE $98.82 +0.64%
SUI $0.6907 +0.56%
XLM $0.1723 -0.96%
ZEC $475.99 +3.26%

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
Collection

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

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