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Degen: New incentive mechanisms are being developed to reward long-term members and reduce mining

Degen: New incentive mechanisms are being developed to reward long-term members and reduce mining

CointimeCointime2024/06/18 09:46
By:Cointime

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.

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