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.
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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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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
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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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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.
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Trebor🎩🟡
@trebor69
Your tokens.. your choices.. People should have cried more if you would have sold all your bag at the top btw.. But who cares.. We appreciate the transparency
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Nicolas Davis ↑🔆🔵
@nicolasdavis.eth
^^^^^^^^this.
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