# 🎩 Daily $DEGEN 🎩

*Newsletter #93*

By [🎩 DEGEN NEWSLETTER 🎩](https://paragraph.com/@degennews) · 2024-05-09

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1.  **_TokenPad<>ProxySwap:_** Third day in a row that Proxy has been featured, they've been cooking. Yesterday it was announced that [/degenpad](https://warpcast.com/~/channel/degenpad) and [/proxyswap](https://warpcast.com/~/channel/proxyswap) will collaborate on ITO (Initial Token Offerings) & Token Launches for Degen L3.
    
    ![](https://storage.googleapis.com/papyrus_images/377f176145fd1dafaa8f969ae856fc20.jpg)
    
2.  **_DegenDAO<>ATH:_** [/DegenDAO](https://warpcast.com/~/channel/degendao) continues to be great stewards for the Degen ecosystem. [A proposal](https://docs.google.com/document/d/1OifZI_BflyUnJpwWm_9je37GYJJmHG949qjnaxby1tc/edit?usp=drivesdk) to OTC swap 1M $DEGEN for All Time High (ATH) [entered into the voting process](https://warpcast.com/purp/0x860df295) today. ATH is one of the top tokens on Degen L3, the 1M $DEGEN will be used to establish a ATH/DEGEN liquidity position on [@proxyswap](https://warpcast.com/proxyswap). Visit [/alltimehigh](https://warpcast.com/~/channel/alltimehigh) to learn more.
    
    ![](https://storage.googleapis.com/papyrus_images/3488d75f1b47dfd11b9003c8136e52a9.jpg)
    
3.  **_Tips Update:_** Some users have seen that they don't have a tip allowance. [@we](https://warpcast.com/we) did some digging and found that there is some [Neynar and Dune data missing](https://warpcast.com/we/0x202c224f) that is preventing users from receiving their tip allowance. You can check if you are affected [here](https://dune.com/welp/degen-airdrop-2-eligibility-checker).
    
    ![](https://storage.googleapis.com/papyrus_images/1c93cf3758ce241f1cfba859d97fa6b6.jpg)

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*Originally published on [🎩 DEGEN NEWSLETTER 🎩](https://paragraph.com/@degennews/93)*