Degen (DEGN)

Degen (DEGN) is a decentralized exchange (Dex) platform created by the Degen Dex Development Team to revolutionize trading on the Solana ecosystem. With its easy-to-use interface and seamless integration, Degen Dex offers a faster, fluid, and cost-effective Dex experience. It aims to provide traders of all levels with a comprehensive trading experience within the Solana ecosystem. Degen Dex also offers GUI-based SPL token management and an innovative launchpad for the ultimate token sale experience.

With 18.4 billion Degen tokens, various allocations have been made for different purposes. Staking rewards account for 25% of the token supply, providing opportunities for token holders to earn rewards. Additionally, 25% of the supply will be airdropped to the Solana ecosystem and community. Marketing efforts will be supported with 15% of the token supply, while 20% will be dedicated to liquidity for easy buying and selling. Partnerships will be fostered using 5% of the tokens, and the Degen Dex core team will receive 10% of the supply.

The Degen Dex roadmap outlines the project’s forthcoming milestones. The launch of the DegenDex coin on the Solana blockchain marks its inception. Listing on various exchanges and platforms, such as Dexlab.space, SolApe swap, and CoinMarketCap are planned for Phase 1 of 2021. Phase 2 will see the distribution of the first airdrop to the community, and Phase 3 will include the launch of the Dex platform with swapping and staking functionalities. NFT launches and subsequent airdrops are scheduled for Phase 4, while the future challenges and growth of the project will be tackled in Phase 5. Degen Dex is committed to building strong partnerships and exchanges to enhance its ecosystem further.