According to online reports, Degen issued a clarification on platform X: The foundation has been using some funds to issue call options and generate income. These options are set far below the out-of-the-money level and will only take effect when DEGEN rises. If DEGEN rises a portion of the options could be converted to USDC, a way to extend the runway and remain self-funded, with about $3 million in nominal issuance at this stage, but changes each month. Binance Alpha airdrops and some fund pool activities come from the Airdrop 3 pool, which is about to update its token economics page. Airdrops have been reduced in the past few months, and fee subsidies will also end after the Degen App launches. However, Degen did not work with or provide any support with venture capital firms that tried to trade over-the-counter at discounted prices and then buy and sell in the market.