Jacek.degen.eth đŸŽ© pfp
Jacek.degen.eth đŸŽ©
@jacek
GM Degens, Curious to hear your thoughts on a potential $DEGEN burn. The foundation currently holds 32.5% of the supply. While we could use it for future airdrops (like for the Degen app or other ideas), that would dilute current holders, which doesn’t feel right for those who’ve been hodling. We’ll always need some $DEGEN to keep building, but probably not 30%+. And let’s be honest, that big supply has scared off some new users worried about future inflation. One idea: a phased burn đŸ”„. Steadily burn tokens monthly until we reach a sustainable amount for years of building, while rewarding long-term holders. We wouldn’t burn everything, but it would shift tokenomics, and likely remove any big airdrops down the line. What do you think: burn or distribute more to the community?
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eggcooker.base.eth pfp
eggcooker.base.eth
@eggcooker
If you really want to burn it, give it to me. đŸ€Ł Jokes aside, I can generally agree with your thoughts. I think it's a good idea.
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