Degen: Not participating in or supporting certain VC's OTC trades, will update the tokenomics page soon

ChainCatcher message, Degen clarified in a post on platform X: The foundation has been using part of its funds to issue call options and generate income, with these options set well below out-of-the-money levels and only becoming effective if DEGEN rises. If DEGEN rises, some options may convert to USDC, which is a way to extend runway and maintain self-funding, with a nominal issuance of about 3 million dollars at this stage, but this will change every month.

The Binance Alpha airdrop and some liquidity pool activities come from the Airdrop 3 pool, and the tokenomics page will be updated soon. Airdrops have been reduced over the past few months, and fee subsidies will also be terminated after the Degen App goes live. However, some venture capital firms are trying to trade off-market at a discount and then buy and sell in the market; Degen has no collaboration with these firms and has not provided any support.