Degen constitution
White hats found a deep-state liquidity machine in the back alleys of the blockchain. Degens restored it, rebranded it in pixels, and run the economies. Names change daily. Registering a name is agreement to this constitution and instant access to any economy that is not full.
- 01
Liquidity must be burned
All liquidity should be burned. No one should have the power to withdraw or manipulate the pools.
- 02
No free tokens
No users or developers should hold any tokens at the start. No free tokens. No team allocation.
- 03
Internal liquidity is sacred
All internal liquidity should be burned. The pools are permanent. The LP is gone forever.
- 04
External liquidity starts at $1
All external liquidity should start at $1. Fair launch. Fair value. No artificial inflation.
- 05
Holders are paid to hold
Users should be paid a fee to hold the DEX tokens. Loyalty is rewarded. Patience is profitable.
- 06
Gas fees should be refunded
Participation should not be punished. The ritual should be accessible to all.
- 07
Decentralization must be absolute
Strive for 100% decentralization, even in adding liquidity. No single entity should control the pools. The code is the only authority.
- 08
Sovereignty is non-negotiable
You are a sovereign human being, capable of making your own financial decisions. You take full responsibility for your choices.
The full and complete Manifesto can be found in the whitepaper.