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BCH $448.06 -0.98%
LINK $9.23 -2.78%
HYPE $41.73 +0.36%
AAVE $96.47 -0.84%
SUI $0.9254 -2.20%
XLM $0.1648 -3.54%
ZEC $356.74 +0.38%

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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