What is $DEGEN? Next-gen Memecoin on Ton Blockhain.

Hello, degen's, Welcome to FaQ article or brief documentation of $DEGEN token, here our team will answer all the basic questions about our memcoin in advance:

• What's $DEGEN token, what is it about?
• What is the essence of $DEGEN token, what is its utility?
• How to buy $DEGEN token?
• How to start farming $DEGEN?

What's our token about?

As described just above, $DEGEN is a memcoin on the blockchain a TON that was inspired by the Wojak meme and the concept of "degen" in crypto as someone who engages in high-risk and speculative trading or investing.

The gambling crypto enthusiast, who likes risks very much but doesn't know how to work with them, thus he sometimes earns but most often loses his money.
$DEGEN is the meme that describes most of us, in a good, positive way.

Now let's move on to the next section - what is the essence of the $DEGEN token.

Our token was not developed as a memcoin on the TON network, which is just a digital asset, without its utility, whose price depends on the mood of the market and holders who suddenly decide to sell all their assets.

$DEGEN is primarily the binding link for an entire ecosystem of DeFi products, on the TON Blockhain, and our first product will be a platform for creating and launching memcoins. Each of you will be able to launch your memcoins on it, and earn on it.

You will only be able to interact with all of our products using $DEGEN, our ecosystem is its main utility.

Where and how can I buy $DEGEN?

At the moment our token has not been listed on exchanges yet, the listing is expected in Q3 2024, until then $DEGEN can be obtained by pharming in the app via telegram bot.

How to start to farming $DEGEN?

To begin with you need to go to telegram bot, through this link, choose language, subscribe to $DEGEN channels, and send your wallet address in the network TON, we recommend using telegram wallet because of the convenience, but also accepted and wallet addresses from exchanges.

Next you will need to launch the bot by clicking on “Launch Application”, congratulations, now you can start farming $DEGEN for your clicks.

Let's look at two more important sections of the bot “Balance” and “Referrals”.

• In the balance tab you can see the number of coins you have already earned, as well as the number of your referrals, and additionally received from them coins $DEGEN.
  
• In the tab with referrals you can get your referral link and send it to your friends, so if your friend repeats the same actions you get 1000 bonus coins, and % of the total amount of coins earned by your referral.

Now let's understand the functionality of the application:

The design of the app is made in the themes of the stock market graph, green and red candlestick, while farming candlestick's will be green, while burning tokens red.

In order to get tokens need at least 5 clicks on the screen, filling one small green candlestick and getting 12-16 coins, but the faster you click the more the candle will be bigger, and will give you more coins, from 16 and above.

Actually click, fill the candlestick and earn coins.

The second main mechanics of the application is energy: in the beginning you are given 1000 energy per day, which is equal to 1000 clicks, spending it you can no longer farm coins, energy replenish fully every 24 hours, but you can increase its stock by burning your coins.

Example: you can burn 1000 coins and get in return a stock of energy up to 2000 clicks, burn 2000 coins, get 3000 energy and so on.

Now let's talk about balance reduction:
During your absence, a small amount of your coins are also burned every second, depending on how many coins you have, it can burn anywhere from 0.002/0.004.0.005.... with a small balance, and 0.028 with a balance of more than 1000 coins, the larger the balance the more will be burned during your absence, and red candlestick's will appear on the screen.

During the burning every second your energy level will slowly regenerate, the less coins you have the slower and vice versa, but this can be fixed thanks to the referral system:

1. Every 1 referral reduces your balance reduction by 5%.
2. If you invite 20 referrals you balance will not be reduced at all.

That's all, we hope we helped you Degen, now join, conquer this world, develop and earn $DEGEN, together with the same cool types degen's like you.