🚨 According to the official browser, the #L3 chain Degen Chain launched by Syndicate has not produced blocks for over 11 hours. 🚨
Degen was originally a MEME Coin on Base and was launched on the Degen channel on Farcaster in January 2024, distributing tokens among builders, content creators, and users. It reshaped the Farcaster ecosystem, allowing Casters to use DEGEN to reward high-quality content creators.
Later, it built its own Layer3 based on Arbitrum Orbit, with the Base network serving only as a settlement layer. The DA layer uses AnyTrust, and $DEGEN serves as the Gas token.