> For the complete documentation index, see [llms.txt](https://degen-skulls.gitbook.io/degen/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://degen-skulls.gitbook.io/degen/tokenomics/dgn-tokenomics.md).

# DGN Tokenomics

## **A fair launch utility token built for memes, not speculation.**

$DGN is the utility token of **Degen** — powering meme visibility, creator tools, and community incentives across X1 and Solana.

There are no insiders, no pre-sale, and no VC allocations. $DGN was **fair-launched**, meaning the people who use it, earn it, and burn it are the ones who drive its value.

***

#### 🧾 Token Details

| Parameter         | Value         |
| ----------------- | ------------- |
| **Token Name**    | Degen Token   |
| **Ticker**        | $DGN          |
| **Total Supply**  | 1,000,000,000 |
| **Launch Method** | Fair launch   |
| **Initial Chain** | Solana        |
| **Future Chain**  | X1            |

***

### ⚙️ Utility Overview

$DGN is used directly within Degen — not just traded or held. Its value is tied to platform usage and ecosystem activity.

| Feature                      | Utility Description                                                   |
| ---------------------------- | --------------------------------------------------------------------- |
| 🚀 **Shill Board Boosting**  | Promote your meme or token to the top of the Shill Board              |
| 🎨 **Unlock Creator Tools**  | Spend DGN to access overlays, badges, premium templates               |
| 💸 **Earn Through Activity** | Receive DGN for launching tokens, making leaderboards, or referrals   |
| 🔁 **Burnable Token**        | A % of spent DGN may be burned to reduce supply and increase scarcity |

***

### 🧼 Fair Launch Principles

$DGN is designed to align with Web3 values and regulatory best practices:

| Principle                       | What It Means                                                    |
| ------------------------------- | ---------------------------------------------------------------- |
| ❌ No Private Sale               | No early buyers or token deals                                   |
| ❌ No Team Allocation            | No hidden wallet, no “stealth dump” risks                        |
| ❌ No Promised Profits           | DGN is a tool, not a security                                    |
| ✅ Transparent Distribution      | All DGN is earned via usage, protocol incentives, or skull perks |
| ✅ Platform Utility from Day One | Used for boosts, visibility, and creator access                  |

***

### 🌐 Cross-Chain Strategy

* ✅ **Launch on Solana first** for wallet and liquidity access\
  ✅ **Bridge to X1** after mainnet stabilizes\
  ✅ **X1 becomes the native execution environment** for boosts, farming, and governance logic

***

### 🔥 TL;DR

> $DGN is a **fair launch utility token** — not a speculative asset.\
> It powers meme boosts, creator rewards, and visibility across Degen.
>
> If you want to **ape, create. If you want to earn, contribute.**
>
> 🚫 No insiders. 🚫 No promises. ✅ Just pure degen fuel.