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Massive Ban of Korean Users in $DEGEN

January 27
The degen team implemented a massive ban targeting Korean users just three days before the distribution of lock-up rewards, excluding them from receiving rewards. 🥹

What is $DEGEN?
$DEGEN allows users to lock up their purchased tokens for 3 months in exchange for daily rewards. These rewards are distributed as $DEGEN tokens, which can then be shared with friends through comments on the #Warpcast app.

The Current Issue
In the past, $DEGEN’s system allocated additional tokens for simple actions like commenting and liking. However, the current structure ties the daily reward pool directly to the tokens staked for the 3-month lock-up period. This reward pool should rightfully be distributed to the stakers, regardless of the team's opinion of individual participants.

More
https://x.com/9RoHem/status/1884159249091366914?t=J52nvFJkB9xI2eDwoGO8Yw&s=19

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