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SynFutures Protocol
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Last week during #Base Zone, our CSO @matttfg talked to @jacek, founder of #Degen, about the memecoin’s origins, the token’s features, and the project’s plans. Listen to the recording ➡️https://x.com/i/spaces/1eaKbadBOyBxX/peek Get the TL;DR on their insightful conversation below 🧵👇
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SynFutures Protocol
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2/ What is $DEGEN? 🤔 Degen a reward token for @farcaster and quickly became known for using “tipping" as a distribution method.
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SynFutures Protocol
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3/ Users rank based on engagement and influencer followings. Staking $DEGEN in a vault grants tipping allowances from the treasury.
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4/ An ecosystem for social and indie app development, Degen Chain is described as the "Las Vegas of blockchains"—a hub for fun and experimentation.
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SynFutures Protocol
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5/ During the conversation, Jacek addressed issues like outages and bridging problems, emphasizing trust-building. Plans include refining the tipping system and enhancing the Degen chain for ease of use.
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