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ETH $2,474.04 -1.48%
BNB $718.81 -4.86%
XRP $1.38 -3.69%
SOL $101.59 -3.12%
TRX $0.3396 +0.19%
DOGE $0.0854 -5.75%
ADA $0.2135 -3.23%
BCH $249.38 -3.80%
LINK $11.81 -6.04%
HYPE $83.26 -3.97%
AAVE $124.42 -4.30%
SUI $0.7677 -6.79%
XLM $0.1802 -5.35%
ZEC $1,214.99 -1.47%

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

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