# 🎩 Daily $DEGEN 🎩

> Newsletter #154

**Published by:** [🎩 DEGEN NEWSLETTER 🎩](https://paragraph.com/@degennews/)
**Published on:** 2024-07-09
**URL:** https://paragraph.com/@degennews/154

## Content

Degen Vault Launched: The Degen Vault that allows you to lock up $DEGEN in return for tip allowance has officially launched (although won't go into affect until Thursday). Putting $DEGEN into the vault will lock up your $DEGEN for 90 days. Your tip allowance will be the percentage of your locked up $DEGEN relative to the rest of the pool. See @jacek's cast for more details.Degen Commerce Experiment: @kia.eth is currently running an experiment where he is using his daily tip allowance to buy goods, art and services. Yesterday was the first day and he bought candles from @samantha. He wrote a really good screenshot essay that you can read about this experiment that you can read here.

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