Degen Protocol Considers Implementing Token Destruction Program
2025-07-29 12:51:13
The Degen protocol is discussing a token destruction proposal. Currently the foundation holds 32.5% of the total supply and is considering reducing the token supply through a gradual monthly destruction. The proposal aims to optimize the token economic model while retaining the necessary shares for the continued development of the project. The foundation said the move will reduce the possibility of large-scale airdrops in the future and lower inflation expectations. Community members are generally supportive of the proposal. The specific destruction schedule and amount are yet to be determined.
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