About Degen (DEGEN)
Degen (DEGEN) operates as a Layer-3 blockchain, branded as Degen Chain. The DEGEN token is based on the Base blockchain. DEGEN started as a meme coin, but its association with the Base blockchain unlocks a surprisingly wide array of potential use cases.
The platform employs Arbitrium Orbit architecture to integrate L3 rollup technology to enhance its scalability and efficiency. Initially launched as a community token on the decentralized platform Farcaster, DEGEN has evolved from a meme token to a currency supported by a community of developers and enthusiasts.
Degen integrates social media engagement directly with blockchain operations. In this ecosystem the community contributions are quantifiable and rewarded. The primary use case of DEGEN is to facilitate and incentivize community interaction within the Farcaster network. Users earn DEGEN tokens through social engagements such as likes and reposts, effectively monetizing online social behaviors and contributions.
The DEGEN token facilitates community engagement and rewards on the Degen Chain by monetizing social interactions such as likes and reposts within the Farcaster network. The live price of the DEGEN token is available and can be tracked in real time on Binance.