Degen: New incentive mechanisms are being developed, related to DEGEN lock-up or pledge, to reward long-term holders

The Farcaster Ecosystem Meme Coin Project Degen officially announced on the X platform that after listening to the opinions of the community, it realized that the current reward incentive policy was not ideal, and a new incentive mechanism is currently being developed to reward long-term members and reduce farming behavior. Subsequent iterations will be made quickly and improvements will be made in the next season to curb token farming behavior. In addition, the official clarified that the future system will require users to demonstrate their commitment to the Degen project by locking or staking, aiming to reward those who hold DEGEN tokens for a long time, and the corresponding incentive mechanism is currently under development.