The shop is open!

Pick any 2 DEGEN pieces, pay for only one.

Live now: shop.degen.tips

Like our X post below if you want to see a $DEGEN burn.

If we reach 50k views, we'll do our first-ever burn of 50,000 $DEGEN! 🔥🎩

https://x.com/degentokenbase/status/1950325417266860444

GN Degens.

Thanks everyone for the feedback, still processing it all, but here are some of my thoughts on token burns, demand, and community alignment from today:

Burning tokens alone won't create new demand. But I think token burns could still play an important role by aligning our community around shared goals.

Just as examples (these are just ideas, not promises):

1. Imagine we burned 100 $DEGEN every time someone mentions DEGEN positively on Farcaster or X. Unlike airdrops (which get farmed and dumped), token burns reward the entire community by reducing supply. Instead of encouraging people to farm tokens to sell, burns encourage actions that benefit us all.

2. Another example is milestone-based burns: if we reach 100k wallets holding at least $10 in DEGEN, we burn tokens to celebrate. This aligns everyone's incentives toward shared growth and gives us clear goals to rally around.

On the demand side, our protocol already earns around $30-60k per month, mostly from our liquidity pool and trading fees, plus income from treasury strategies like selling options. As our DEGEN app and mini-app gain traction, we hope this revenue will grow.

We could start using this protocol revenue to buy back DEGEN from the market each month and burn it. Over a year, that's potentially over half a million dollars of buybacks, creating ongoing positive momentum.

However, we also have the challenge of currently emitting ~90M DEGEN tokens per month (about $360k at current prices) through liquidity mining and allocations. Allocations will stop soon, but liquidity mining is a big question: at the current pace, that's potentially $4M of tokens emitted each year, much of which might get farmed and sold.

Would we rather pause or reduce these token emissions and instead focus fully on:

- Growing our fees and using them for DEGEN buybacks/burns

- Introducing targeted token burns aligned with real community milestones or helpful actions like promoting DEGEN socially?

Combining these strategies could really help us build more interest, attract long-term holders, and align incentives around community-driven goals.

No decisions yet, just thinking aloud, and we'll discuss internally. Curious what you all think!

Daily Discussion Thread - /degen - July 29, 2025

Should We Burn $DEGEN? 🔥

https://farcaster.xyz/jacek/0x044bf2ed

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?

Hey Degens,

If you’ve set up tipping in the mini app, make sure you hold $DEGEN and have approved enough to keep tipping. Most failed tips are due to this.

@marciin is improving alerts this week, and we might drop a leaderboard too! 🎩 💸

https://app.degen.tips

$DEGEN army you know what to do ⬇️

https://x.com/binanceus/status/1949878874441134223?s=46

Weekly Meme Thread - /degen - July 28, 2025

Drop your best Degen memes below! ⬇️

DEGEN sale in full effect.

2-for-1 on everything in the store. Tees. Polos. You name it.

Visit: shop.degen.tips

Daily Discussion Thread - /degen - July 27, 2025

GM Degens,

Lots of talk lately about the price of $DEGEN, wanted to share a few quick thoughts.

🧠 Market Context

BTC and ETH have been moving mostly because of institutional buying. ETH’s recent moves might also be tied to some shakeups at the Ethereum Foundation. But retail interest is still low across the board.

Altcoins like $DEGEN haven’t seen much institutional support, and with retail sitting out, many are just moving sideways. It’s not just us, it’s the market.

🌍 Listings & Access

We’ve done a ton of work getting $DEGEN listed and available across exchanges and apps, and we’ll keep pushing there. I think we’ve delivered great results so far.

📢 Promotion

Unfortunately, we haven’t seen much promo support from Coinbase or Farcaster. I wish they’d highlight us more, I’ll be reaching out to Coinbase about that.

Once the Degen app launches, we’ll be ramping up our own promo, including a campaign with Bankless. More to come there.

🛠️ Still Building

We’re heads-down continuing to build, both the Degen mini app and the full Degen app. We’ve got 2–3 years of runway and aren’t going anywhere.

If you believe in what we’re doing, stick with us, we’re just getting started.

Not financial advice. Just sharing where things stand.

Daily Discussion Thread - /degen - July 26, 2025

Cool $DEGEN jersey worn by @deanjohn54, hat stays on! 🚀 🎩

https://farcaster.xyz/deanjohn54/0xc7d1dec5

Daily Discussion Thread - /degen - July 25, 2025

Just updated the DEGEN mini app, now fully compatible with The Base App & Farcaster! @jesse.base.eth

Backend upgraded (thanks @marciin!) for max efficiency.

ZERO fees on all tips until the DEGEN lottery launch (~2 weeks).

Configure your mini app & happy tipping!

Have a great weekend, $DEGEN fam!

https://app.degen.tips

The DEGEN Shop Summer Sale is live!

- Buy any 2 items, get 1 free.
- All tees and polos included.
- No code needed. Auto-applied at checkout.

Visit: shop.degen.tips

Daily Discussion Thread - /degen - July 24, 2025

Daily Discussion Thread - /degen - July 23, 2025