Degentokenbase launches daily DEGEN buy-and-burn rewards
Degentokenbase announced its Daily Rewards program is live on its site. Each day it spends $150 of DEGEN buying the top 3 tokens and then burns every purchase.
No further details on mechanics, schedule specifics, or eligibility were provided in the announcement. The move is a separate initiative from the earlier $POOF token launch on Robinhood Chain.
Degen
Degen, an ERC-20 token launched in January 2024, has reshaped the Farcaster ecosystem by enabling Casters to reward others with DEGEN for posting quality content. Our points system recognizes unique posts and comments, effectively bridging the gap between online contributions and real-world value.
