rewarded

noice

Degen

Hey Degens 👋

Thanks for your feedback on a potential $DEGEN burn. It's clear many of you care deeply about $DEGEN's long-term sustainability.

Here’s what we're considering right now (nothing finalized yet!):

📅 August 28th: A Big Milestone
- Possibly our final airdrop.
- Unlocking all $DEGEN tokens from the vault.
- Strong community support for stopping inflation via ongoing airdrops.

🔥 One-Time Token Burn
- Considering a one-time burn equivalent to roughly 10–50% of the amount claimed during Airdrop 2 (approx. 400M to 2B tokens).
- Important: We're not burning tokens you've claimed, just using the claimed amount as a benchmark for how much we might burn.
- This burn would coincide with the end of current tipping allowances.
- Likely having a community call to discuss and celebrate the milestone.

🛑 Ending Liquidity Incentives
- Possibly stopping Aerodrome liquidity mining incentives in August.
- Ending Beefy incentives on October 16th.
- These steps would significantly reduce future token emissions.

💸 Starting Token Buybacks
- Potentially beginning buybacks in August using earnings from:
    - LP rewards
    - Mini app revenue
    - Future Degen App earnings
- Bought-back tokens would be regularly burned, up to a defined cap.
- Goal: Reinforce community alignment and long-term sustainability.

Full details in a blog post this Friday.

Have questions or suggestions? Please share them below, we'd love your input!

Heard some solid /noiceapp on this one, but then the info is solid on itself.

|| Web³ curator | Trader | DeXsocial Maxi | casts ≠ NFA, DYOR ||