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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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The DEGEN Foundation is considering a phased approach to burning its holdings of 32.5% of the total Token supply.
According to Foresight News, the DEGEN Foundation is exploring the possibility of a phased destruction of 32.5% of its total supply of DEGEN Tokens to address issues of token dilution and inflation concerns, and is seeking community input. The foundation stated that it will prioritize long-term sustainability over large-scale Airdrops in the future.