DeFi Degens

« Back to Glossary Index

It is the abbreviated term for DeFi Degenerates and is a subculture associated with a disreputable corner of the decentralized finance known especially for the pump and dump schemes. The degens cluster in the private Telegram and Discord channels where they successfully share the information regarding new DeFi projects via which they think that they can generate profits or simply have fun.

« Back to Glossary Index

Check Also

ankr-hack-trading-halt

Ankr Hack: Company Asks To Halt Trading Immediately

The Ankr hack has finally been confirmed. The Web3 infrastructure platform, Ankr, was targeted with …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.