Degen

Dumb question that I always wondered, Is degen Farcasters token or is it just a token Farcaster partnered with?

$degen has always positioned itself as the de facto Farcaster token. 

After several experiments with tokens on FC, $degen emerged being the first "profesional" memecoin, establishing the foundation of what we now call farconomy.

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But does farcaster "own" it for lack of a better way of saying it or have they just adopted it?