Degen: New incentives are being developed to reward long-term members and reduce mining
On June 18th, Degen posted that after listening to the community's opinions and recognizing that the current tipping subsidy mechanism is not ideal, Degen is developing a new incentive mechanism to reward long-term members and reduce mining. Degen will iterate rapidly to improve the next season, making token mining increasingly difficult. The future system will require users to demonstrate their commitment to the Degen project by locking positions or staking, with the aim of rewarding long-term holders of Degen. New incentive mechanisms are currently under development.