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🎩 Daily $DEGEN 🎩

Newsletter #160

  1. Introducing Jeeves Market: The @degentip team shipped Jeeves Market allowing users to buy and sell NFTs on the Degen L3, browse their holdings, see trading activity and DM others. The Jeeves team continues to ship great products for the Degen Ecosystem. Make sure to download the Jeeves app for your phone if you haven't already.

  2. UniV3 Fees Collected: @jacek posted today that he collected the Uniswap V3 fees for the past 6 months which in total was 69ETH (54M $DEGEN or $567k). $45k went to Gentleman Labs which focuses on tech for the Degen community, fostering innovation and experimental projects. 260k went to Degen Foundation which manages governance, ensuring decentralized control, community engagement, and compliance. The remaining $260k went back into the liquidity pool.

  3. Degen Bridge: Today @tempetechie.eth wrote a thread on his recent experience in which he lost 785k $DEGEN when bridging from Degen chain to Base. He highlights some things you should be mindful of in a full thread here. One of the biggest issues is there is not enough DEGEN/ETH liquidity so their is a ton of slippage when bridging back to Base.

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