BlockBeats news, on June 23, Degen clarified in a post on platform X: the foundation has been using part of the funds to issue call options and generate income, with these options set far below the out-of-the-money level and only becoming effective when DEGEN rises. If DEGEN rises, some options may convert to USDC, which is a way to extend the runway and maintain self-funding, with a nominal issuance of about 3 million dollars at this stage, but this amount will change every month.
Binance Alpha airdrops and some liquidity pool activities come from Airdrop 3 pool, the token economics 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 over-the-counter at discounted prices and then buy and sell on the market; Degen has not collaborated with these companies and has not provided any support.
