Everything you didn't want to know about $DEGEN.

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House of Degen

Degen

1/2 Hey degens, quick transparency update. The Foundation has been using part of the treasury to write call options and generate income. These are set well out of the money, so they only activate if $DEGEN goes up. If they do, a portion may convert to USDC. It’s a way to extend runway and stay self-funded. Around $3M notional is out now, but that changes month to month.

The Binance Alpha drop and some treasury activity came from the Airdrop 3 pool. We haven’t updated the tokenomics page yet, that’s coming soon. Plan is to shift more toward the ecosystem and future growth.

No problem with that, thank you for taking the time to explain to the holders. It’s completely normal that you support a long-term future and that’s what will allow us to exist forever 🔃

Degens, we’ve landed on @solana! Begin trading $DEGEN now on Meteora!

$DEGEN is an OFT on Solana via LayerZero. Bridge seamlessly with @stargatefinance.

Keep $DEGEN on Base, DEGEN L3, or Solana – wear your 🎩 everywhere. Adding a chain ≠ adding supply; market cap stays the same.

Just bought some $DEGEN on Solana from Jupiter 💜
Congratulations @jacek 🎉✨