DEGEN Unveils ENS Subdomain 'degen.eth,' Offers Discounted Preemption on Phaver

DEGEN Unveils ENS Subdomain 'degen.eth,' Offers Discounted Preemption on Phaver

Phaver-based DEGEN, a prominent meme token, recently announced the launch of its Ethereum Name Service (ENS) subdomain, 'degen.eth.' The announcement was made on DEGEN's official X (formerly Twitter) account. According to the announcement, Phaver users can take advantage of a special preemption discount on the 'degen.eth' domain for the next 48 hours. This offer allows users to secure subdomains aligned with their Phaver nicknames. For instance, a user with the nickname 'jacek' could register the domain 'jacek.degen.eth.' DEGEN's integration with the Ethereum Name Service provides users with a unique opportunity to claim decentralized, censorship-resistant identities within the Web3 ecosystem. ENS subdomains serve as a user-friendly alternative to complex wallet addresses, making it easier for individuals to interact with decentralized applications (dApps) and crypto services. This development aligns with DEGEN's commitment to fostering community engagement and empowering its users within the decentralized social media landscape. By leveraging the capabilities of ENS, DEGEN is empowering its users with greater control over their digital identities and simplifying their interactions within the Web3 realm.