DeGods Founder Claims Tokenized Trading Pairs Increase Meme Token Issuance Costs

By: x.com|2026/09/14 02:58:12

DeGods founder Frank stated that tokenized asset trading pairs create "artificial scarcity" for meme tokens. When the underlying assets are limited, the cost of issuing tokens increases. Trading pairs make it more difficult for newcomers to replace meme tokens that are already bound to the underlying assets, thereby alleviating the PVP behavior where tokens under the same valuation asset compete against each other. He pointed out that the main reason for high valuations is not the mechanism itself, but the exponential growth of mobile and social trading applications. Social trading has yet to experience the "growing pains," and once it does, it will face challenges.

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