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BCH $199.40 +4.57%
LINK $7.28 +0.41%
HYPE $65.59 +6.72%
AAVE $90.46 -0.42%
SUI $0.6912 +1.75%
XLM $0.1737 +1.09%
ZEC $399.46 +6.71%

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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