๐๏ธ DEGEN Launches Holder Raffle with Guaranteed Whitelist Spots
๐๏ธ DEGEN Launches Holder Raffle with Guaranteed Whitelist Spots
๐ฐ What DEGEN holders just won

New Raffle Mechanics
DEGEN has launched a holder-based raffle system where participants earn tickets based on their token holdings:
- 1 ticket per 12,000 $DEGEN held in wallet
- 20 guaranteed whitelist spots available as prizes
- Higher holdings = better odds of winning
The raffle represents a shift from DEGEN's previous tip-based lottery format, which awarded weekly prizes to users who tipped others through the Farcaster mini app.
Participation Details
Token holders can enter through dream.degen.tips. The raffle rewards long-term holders rather than active tippers, marking a strategic change in how DEGEN distributes benefits to its community.
A little risk. A real reward. A new raffle is now live: For every 12,000 $DEGEN in your wallet, you earn 1 ticket. The more you hold, the better chances you have. 20 winners lock a GTD WL. Tap in: dream.degen.tips
Degen NFT Mint Goes Live March 24th with Three-Phase Whitelist System

The Degen NFT collection launches its public mint on **March 24th at 4:00 PM GMT**, following a structured three-phase approach: - **Phase 1**: Guaranteed whitelist holders - **Phase 2**: Allowlist participants - **Phase 3**: Public mint opens The wallet checker is now active, allowing users to verify their eligibility status. Check your wallet status at the [OpenSea collection page](http://opensea.io/collection/degens-base/overview). This marks the first NFT collection launch for the Degen community, which has built its reputation around rewarding quality content on Farcaster through its ERC-20 token system.
777 Degens NFT Collection Launches on Base via OpenSea
A new NFT collection called "Degens" is launching on the Base network through OpenSea on March 26, 2024 at 4:00 PM GMT. **Key Details:** - Limited supply of 777 NFTs - Exclusive launch on [OpenSea](https://opensea.io) - Built on Base blockchain - Themed around "dreamers" and the degen culture The project appears to be targeting the Farcaster and Base communities with messaging that emphasizes transformation and ambition.
Degen Wheel Introduces Bonus Points for Selected Communities

Degen has enhanced its wheel-spinning rewards program with a new bonus points system for members of selected communities. **Key Updates:** - Selected community members now earn bonus points when spinning the wheel - The program builds on existing mechanics where holding 15k $DEGEN ($10) earns 200 points daily - Referrals continue to earn 50 points, plus 950 if the referred user's Dream is approved - Over 150,000 participants have joined the program The platform emphasizes maintaining a fair leaderboard system that rewards genuine participation rather than exploitation. Additional upgrades are planned to further refine the points system.
Degen Dream Program Hits 150K Users with New Point Mechanics

The Degen Dream program has reached over 150,000 participants with updated point mechanics now live. **New Point System:** - Hold 15,000 $DEGEN (~$10) = 200 points daily - Invite a friend = 50 points - Additional 950 points if friend's Dream gets approved **Anti-Exploitation Measures:** The team is implementing ongoing upgrades to ensure the leaderboard remains merit-based rather than exploitable. More improvements are planned to maintain fair competition among participants. The program continues to expand its user base while refining mechanics to reward genuine engagement.