Degen distributes LP fees from the past 6 months, and 50% is reinvested into the LP pool
In the latest news from DeepFlow TechFlow, the Base ecosystem Meme project Degen announced that it has allocated the Uniswap v3 LP fees for the past 6 months. 8% of the fees will be donated to Gentlemen Labs for Degen development, 50% will be reinvested into the LP pool, and the remaining portion will belong to the Degen Foundation. Degen stated that the LP will be locked until January 15th of next year to ensure liquidity safety.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New York man to pay $36 million for forex and crypto fraud
Cryptocurrency Statement from Visa: “The Future Will Be Different”
Visa's cryptocurrency manager, Cuy Sheffield, spoke about the future of the industry in his statement. Here are the details.
Will Altcoin Season Begin? Analytics Company Gives Its Opinion
Is there a possibility of a rally on the altcoin side after the FED makes a big interest rate cut? The analysis company shared.
Michael Saylor’s Bitcoin Claim Dropped Like a Bomb: “According to Credible Rumors…”
MicroStrategy board chairman Michael Saylor touched on a Bitcoin claim in his statement.
Trending news
MoreCrypto prices
More
