Degen: New incentive mechanisms are being developed to reward long-term members and reduce mining
Degen posted that they have listened to the community's feedback and recognized that the current tipping subsidy mechanism is not ideal. Degen is developing a new incentive mechanism to reward long-term members and reduce mining. Degen will iterate quickly to improve the next season, making token mining increasingly difficult. The future system will require users to demonstrate their commitment to the Degen project by locking or pledging, with the aim of rewarding long-term holders of Degen. The new incentive mechanism is currently under development.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Navigating crypto exposures in a volatile world
While BTC’s year-to-date price drop resembles that of the S&P 500, some crypto stocks have fared way worse
SOL remains bullish amid broader market stagnation
The asset surged over the past seven days to reach its highest-ever weekly close on the SOL/ETH pair
Ripple XRP vs.SEC Legal Case to Close Soon
Bitcoin Sets Higher Lows—Can Bulls Target $88K Resistance?

Trending news
MoreCrypto prices
More








