Jacek.degen.eth 🎩
@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 🔥. 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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Trebor🎩🟡
@trebor69
Both are good. Maybe another hyped period with distribution and allowances could be good if done at the right time Plus a calculated burn might work just wonderfully
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Dvyne
@dummie.eth
Hyped period distribution.. love that take cause this same thing led to the pump in February last year
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Trebor🎩🟡
@trebor69
Exactly, if done together with a burn we could do some damage eheh This time with better tipping rules
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FeMMie
@femmie
I agree with you. I think something like a 70/30 split is good. Burn most of it slowly but keep a chunk aside for targeted community drops, builder rewards, and future growth so that way it’s not just deflation but rather more momentum.
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