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TechFlow reports that on July 15, Degen, a meme project in the Base ecosystem, tweeted that it has distributed Uniswap v3 LP fees from the past six months—8% donated to Gentlemen Labs for Degen development, 50% reinvested back into the LP pool, and the remainder allocated to the Degen Foundation. Degen stated that the LP tokens will be locked until January 15 next year to ensure liquidity security.
Degen, a Meme project in the Base ecosystem, tweeted that it has distributed Uniswap v3 LP fees from the past six months, allocating 8% to Gentlemen Labs for Degen development, 50% reinvested into the LP pool, and the remainder to the Degen Foundation. Degen stated that the LP tokens will be locked until January 15 next year to ensure liquidity security.
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