Degen Founder Jacek Responds To Recent Token Reduction Concerns

According to Odaily, Degen's founder, Jacek, has responded to recent concerns about token reduction. Jacek has stated that he has repurchased all recently sold tokens and adjusted the tokens originally scheduled for linear release within two years, which belong to him personally and account for 5% of the total, to five years. This adjustment will start from tomorrow, which is his birthday, to demonstrate his long-term commitment to the project. In addition, Jacek will sell a portion of the tokens allocated to him each month until the cumulative sales volume reaches 0.75%, after which he will no longer reduce his holdings. The unsold allocated tokens will be held for the long term to maintain their positivity. Jacek also stated that he is working with market makers and lawyers to ensure that all transactions are legal and compliant, minimizing negative market impact. If the community still has concerns about whether he is in line with collective goals, Jacek is willing to make further adjustments. He reiterated that Degen is committed to building a sustainable long-term future, and he will continue to participate and contribute to the common success.