[Subscribe Now] Track A-Level Transparency Project Biweekly Report and Discover the Top 1% of Projects
API Download the RootData App

The DEGEN Foundation is considering a phased destruction of its holdings of 32.5% of the total token supply

Jul 29, 2025 20:53:24

Share to

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.

Recent Fundraising

More
$5M 4月 3
$1M 4月 2
-- 4月 2

New Tokens

More
3月 30
3月 23
edgeX EDGE
3月 19

Latest Updates on 𝕏

More
4月 4
4月 4