What is Degen Base

Article Summary, Automatically Generated By AI

About Degen

  • Degen (DEGEN) originated as a reward token for Farcaster Degen channel participants.
  • 15% of the total supply was airdropped to active channel members during the initial launch.
  • Plans are in place to airdrop 70% of the token’s total supply eventually.
  • Numbers: 15%, 70%

About Degen: Unveiling the Pinnacle of Decentralized Finance

Degen (DEGEN) originated as a reward token for participants in the Farcaster Degen channel, initially conceived as a meme coin. However, it has since evolved to garner a substantial following comprising developers, crypto content creators, and enthusiasts who have invested in the coin’s potential. During its inaugural launch, 15% of the total supply was airdropped to active members of the Farcaster’s Degen channel, with plans underway to airdrop a substantial 70% of the token’s total supply in the future.

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