According to TechFlow, on July 15, the Base ecosystem meme project Degen tweeted that it had allocated Uniswap v3 LP fees for the past 6 months, of which 8% was donated to Gentlemen Labs for Degen development, 50% was reinvested into the LP pool, and the rest belonged to the Degen Foundation. Degen said that LPs will be locked until January 15 next year to ensure liquidity security.