Jacek.degen.eth 🎩
@jacek
1/5: The community has expressed concerns about my recent on-chain sales of Degen. To address this, I've repurchased all recently sold tokens. For transparency, I want to outline my ongoing plans: Currently, 5% of the total token supply is vesting over two years, with no cliff.
109 replies
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576 reactions
Jacek.degen.eth 🎩
@jacek
2/5: Demonstrating my commitment to the project, I’m changing my vesting schedule: 5% of Degen tokens will now vest over five years starting tomorrow, which is also my birthday. This adjustment is meant to better align with the project's long-term vision.
14 replies
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95 reactions
Jacek.degen.eth 🎩
@jacek
3/5: Moving forward, I will sell off a portion of my vested tokens monthly. This will continue until I have sold 0.75% of the total token supply, at which point I will cease selling. This structured approach is designed to manage market impact effectively.
3 replies
1 recast
64 reactions
Jacek.degen.eth 🎩
@jacek
4/5: The unsold portion of my vested tokens will be held long-term to maintain my motivation and commitment to the project. I am working with market makers and lawyers to ensure all trades are executed lawfully and ethically, minimizing any negative market impact.
2 replies
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73 reactions
Jacek.degen.eth 🎩
@jacek
5/5: Should the community still have concerns regarding my alignment with our collective goals, I remain open to making further adjustments. We are here to build a sustainable long-term future, and I am committed to participating in and contributing to our shared success.
7 replies
1 recast
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Commstark 🎩🫂
@commstark
Happy Birthday also you do what you have to do you started this thing so we should trust you to do what’s necessary for your own success and the tokens success
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