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Abbas🎩👾
@abbass.eth
Growth Proposal for developers to build : $DEGEN-Powered Crypto Brokerage 1. Introduction The crypto and memecoin space has evolved beyond speculation, and $DEGEN has emerged as a key asset within the Farcaster ecosystem. This proposal introduces a brokerage business where traders can trade stocks, futures, and cryptocurrencies using only $DEGEN as collateral. The platform will also facilitate collaborations with other tokens to expand trading capabilities.
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Abbas🎩👾
@abbass.eth
2. Vision To build a decentralized brokerage where users can trade any asset—stocks, futures, and crypto—using crypto collateral, starting with $DEGEN. The goal is to: Drive demand and utility for $DEGEN. Provide seamless access to global financial markets.
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Abbas🎩👾
@abbass.eth
3. Key Features 1️⃣ Crypto-Native Brokerage Infrastructure Forex-style brokerage backend with modified settlement layers for crypto margin trading. Trading pairs based on $DEGEN, allowing users to trade stocks, commodities, futures, and crypto without fiat. Liquidity provision mechanisms via $DEGEN staking or pools to ensure smooth order execution. 2️⃣ Multi-Token Collaboration Platform Listing mechanism for other token communities (e.g., $WARP, $BONK) to apply as collateralized assets. Partnerships with emerging projects seeking leveraged trading integration for their tokens. Revenue-sharing models with partnered tokens to incentivize ecosystem growth. 3️⃣ $DEGEN as the Core Settlement Asset Trading fees, collateral, and margin requirements settled exclusively in $DEGEN. Governance incentives (DAO-style) where high-volume traders & liquidity providers earn additional $DEGEN rewards. Fee-burning mechanism, reducing $DEGEN supply over time and increasing scarcity.
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Abbas🎩👾
@abbass.eth
4. Why This Will Drive $DEGEN Growth ✅ Increased Demand – Traders must hold $DEGEN to participate, creating consistent buy pressure. ✅ Higher Utility – Expands $DEGEN’s use case beyond tipping & rewards, positioning it as a serious trading asset. ✅ Network Effects – Collaborations with other tokens attract new communities and liquidity. ✅ Revenue Streams – Sustainable income from transaction fees, funding rates, and listing fees. ✅ Deflationary Model – A portion of trading fees gets burned, reducing $DEGEN supply over time.
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