The DEGEN Foundation is considering a phased destruction of its holdings of 32.5% of the total token supply

Jul 29, 2025 20:53:24

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ChainCatcher news, the DEGEN Foundation is exploring the possibility of a phased burn of its 32.5% share of the total supply of DEGEN tokens to address token dilution issues and inflation concerns, and is seeking community feedback. The foundation stated that it will prioritize long-term sustainability over future large-scale airdrops.

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