DEGEN Evolves Into Layer 3 Blockchain

A Pack of Degens, led by Jacek as Founder/CEO, has transitioned into a Layer 3 blockchain within the
Base ecosystem, showing significant traction in its community-driven model.

The transition of Degen into a Layer 3 blockchain is crucial as it reflects its expansive community engagement,
enhanced technical capacities, and strategic shifts in user support and governance.

Introduction

Led by Founder Jacek, the Degen project shifts to
become a Layer 3 blockchain utilizing the Base ecosystem. It maintains community roots
with airdrops and on-chain developments contributing to its dynamic growth
in the decentralized finance space.

The Degen ecosystem has expanded,
raising community-driven funds through DegenPad while onboarding numerous dapps atop its chain.
This evolution focuses on social tipping and experimental applications, elevating its role in the crypto space.

This transition affects both market interest and tech advancements, demonstrating how Degen has blended
meme culture with technical acumen. It has led to substantial trading volume
and active holder numbers, creating ripples across related cryptocurrencies.

“We’re a dynamic duo who’ve come out of Acorns, Credit Suisse, and other top companies. Passionate about tech
and innovation, we’re dedicated to creating something amazing for the Degen community.” – Jacek, Founder/CEO, Degen Chain

As Degen establishes its L3 chain, it represents a commitment to decentralized finance’s potential within network environments.
By leveraging Ethereum’s security, the project anticipates broader community-driven innovation in the cryptocurrency landscape.

Analysts observe potential financial shifts as Degen’s model could inspire new blockchain projects
emphasizing community rewards. Data show increasing investor interest, forecasting growth for social tokens amid wider
DeFi trends on similar platforms.