How to get started with Slay’s weekend full Degen ecosystem? Teach you step by step how to operate

Original source: Biteye

$Degen@degentokenbase is currently the Meme coin on the Base chain, with a market value exceeding US$1.7 billion, ATH!

How to get started with Slay’s weekend Degen ecosystem? Biteye brings the following interpretation:

1. What is the $Degen token?

2. What are the usage scenarios of $Degen?

3. What is Degen Chain?

4. How to enter the Degen ecosystem?

What is the $Degen token?

- Source: Meme concept, which originated from the Degen channel of the decentralized social application @warpcast_, is based on the Base chain, and its earliest use is content reward. It is currently The ecological token leader.

- Financing: Angel round of approximately US$1.47 million on February 21, led by 1confirmation.

- Market: Increased by approximately 200% during the month, with a total market value exceeding US$1.7 billion, and a 24-hour trading volume exceeding US$100 million.

Support $Degen Payment and reward applications:

-@warpcast_Base chain's "Twitter"

-@DrakulaappBase chain's "Tik Tok"

-@ourZORA NFT platform

-@perl_xyz based on Prediction game of skill

- http://Bracket.Game Tool for voting for sports leagues

@farcaster_xyz is the protocol layer, valuation US$1 billion, with participation from Paradigm and A16z. @warpcast_ builds on this.

What is Degen Chain?

-Source: Layer 3 launched by DAO infrastructure service provider @syndicateio on March 29, built on Arbitrum Orbit, Base network as the settlement layer, DA layer It's AnyTrust.

- Features: Specifically built for the Degen community and $Degen, supporting community rewards, payments, games, etc., at low cost.

- TVL: Breaking through 10 million US dollars in two days, $Degen is the native Gas token of the chain.

How to enter Degen Chain trading?

4 steps:

- Buy $Degen

View exchanges that support $Degen at @CoinMarketCap

- Add Degen chain

1. Search Degen Chain at http://chainlist.org to connect to the wallet

2. Or customize it in MetaMask:

· Network Name: Degen

· RPC: http://rpc.degen.tips

· Chain ID: 666666666

· Currency Symbol: DEGEN

- Cross chain to Degen chain

Use https://bridge.degen. tips, supports Base, OP and other chains, and swaps Degen, USDC, wETH, etc. into $Degen. Crossing back takes about 7 days.

- Buy and sell coins on the Degen chain

DegenSwap (https://dex.swapdegen.tips/# /swap), @DYORSWAPDEX

Other tools: Check the market (https://dexscreener.com/degenchain) Block explorer (https://explorer. degen.tips)

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