# 🎩 Daily $DEGEN 🎩

> Newsletter #179

**Published by:** [🎩 DEGEN NEWSLETTER 🎩](https://paragraph.com/@degennews/)
**Published on:** 2024-08-04
**URL:** https://paragraph.com/@degennews/179

## Content

Degen Vault Audit: The team had the Degen Vault audited by Spearbit one of the top security firms in the space and passed successfully!ITO added to Degen website: Initial Tip Offerings (ITO), powered by @degenpad were added to degen.tips making it easy to discover and support projects launching ITOs. ITOs are funded by people using their tip allowance to earn tokens in return.

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