$DEGEN

The largest onchain marketplace. Buy and sell crypto on Ethereum and 10+ other chains.

Today, we collected @uniswap v3 LP fees for the past 6 months. 8% went to Gentlemen Labs for Degen development. Half of the remaining fees were reinvested into the liquidity pool, with the rest going to the Degen Foundation. The LP is locked until January 15 for secure liquidity.

@jacek, what happened to DEGEN Bridge?

Rates are incredible. Each swap makes you lose ~60%.

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@tempetechie.eth had a mind blowing loss due to this. Basically, it's related to the low LP on the Degen ETH pool. But I suggest reading their thread on it. This needs to be fixed promptly.

Tagging @decentxyz and @jacek. This deserves a closer look. And is not cool (if true). L3 Degen was promised to be as safe as Base Degen. Not getting the same amount in/out and not having a permanent disclaimer (in huge bold red letters) that this is now a swap (affected by the LP) is a big thing. And is not a sign of good state of L3.

@jacek @decentxyz can you investigate and return the funds back to this guy? Degens are on bridge wallets. Otherwise it looks like rug pull.

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decent.xyz

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@jacek @decentxyz can you investigate and return the funds back to this guy? Degens are on bridge wallets. Otherwise it looks like rug pull. 
https://warpcast.com/ramsey/0x9ae7f49f