# Degen Chain

> Turning content into currency

Degen Chain is a Layer 3 blockchain built around the DEGEN token, which is a community tipping token that allows Farcaster users to "tip" other users for posting engaging content.

Degen Chain is one of the first L3s built specifically for a community and its token, enabling new experiments with tipping, community rewards, payments, gaming, and much more. $DEGEN is also the native gas token of the chain.

- Type: Network
- Sector: Blockchain Platforms
- Status: Active
- Founded: 2024-02-01
- Profile: https://thegrid.id/profiles/Degen_Chain

## Products

- [Degen Chain Bridge](https://thegrid.id/profiles/Degen_Chain): Bridge ETH, $DEGEN or any other tokens to native $DEGEN on the Degen chain. (Decentralised Exchange, Live)
- [Degen Chain](https://thegrid.id/profiles/Degen_Chain): Degen Chain is a Layer 3 blockchain built with Arbitrum Orbit, Base for settlement, and AnyTrust for data availability. (L3, Live, Main Product)
- [Degen App](https://thegrid.id/profiles/Degen_Chain): Degen App is a social platform built on Farcaster where users share content, discuss ideas, and earn DEGEN token tips in community channels with permanent, uncensored posts. (Social Platform, Early access)

## Assets

- [Degen (DEGEN)](https://thegrid.id/profiles/Degen_Chain): DEGEN is the native token of Degen Chain, a Layer 3 blockchain built on Arbitrum Orbit that settles to Base. It is used to pay transaction fees on the network and for tipping content creators on Farcaster-based social platforms. Originally launched as a community tipping token on Farcaster, it evolved into the gas token for its own dedicated blockchain, enabling the community to experiment with social rewards, payments, and gaming within their ecosystem. (Native)

## Links

- [Main](https://www.degen.tips)
- [Twitter / X](https://x.com/degentokenbase)
- [Farcaster](https://warpcast.com/~/channel/degentokenbase)

## Legal

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The following applies to both licensing models.
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP