Deepbook (Deep) is a decentralized, community-driven project aimed at enhancing transparency and efficiency in the blockchain space. It focuses on providing users with a seamless experience for tracking and managing decentralized finance (DeFi) activities, as well as serving as a platform for decentralized applications (dApps).
At its core, Deepbook integrates various blockchain technologies and data analytics tools to offer real-time insights into market trends, token movements, and DeFi protocols. This allows users to gain a comprehensive overview of the DeFi ecosystem, enabling them to make informed decisions. With a strong emphasis on improving liquidity, fostering community engagement, and building a robust ecosystem, Deepbook seeks to revolutionize the way individuals and institutions interact with the growing decentralized economy.
The platform is governed by a decentralized model, where token holders can propose and vote on changes, ensuring that the decisions reflect the interests of the community. Privacy and security are top priorities, with Deepbook utilizing cryptographic techniques to safeguard user data while promoting transparency.
Explore the tokenomics of DeepBook (DEEP) and review the project details below.
What is the allocation & supply schedule for DeepBook (DEEP)?
The DEEP tokenomics are structured into three primary allocation buckets, designed to support the growth, development, and sustainability of the DeepBook ecosystem:
Fully unlocked and distributed at TGE (Token Generation Event)This allocation rewards early adopters and active users who have played a key role in the success of DeepBook. It serves as an incentive for those who helped build the community and supported the protocol’s early stages.
2. 28.43% Core Contributors and Early Backers
Investors and Team: 3-year unlock, with a 1-year cliff followed by a 24-month linear unlock.
Mysten Labs: 1% unlocked at TGE, followed by a 48-month unlock.This allocation is dedicated to the core contributors who have supported DeepBook’s engineering, infrastructure, security, growth, and operations. It also includes early backers who provided critical funding and expertise to the project’s development.
3. 61.57% Ecosystem Growth
14% unlocked at TGE, followed by a 7-year unlock.
This portion of the token supply is focused on the long-term growth of the DeepBook ecosystem. It supports various initiatives, including developer grants, community programs, and other efforts aimed at expanding the ecosystem and fostering widespread adoption.
Deepbook (Deep) is a decentralized, community-driven project aimed at enhancing transparency and efficiency in the blockchain space. It focuses on providing users with a seamless experience for tracking and managing decentralized finance (DeFi) activities, as well as serving as a platform for decentralized applications (dApps).
At its core, Deepbook integrates various blockchain technologies and data analytics tools to offer real-time insights into market trends, token movements, and DeFi protocols. This allows users to gain a comprehensive overview of the DeFi ecosystem, enabling them to make informed decisions. With a strong emphasis on improving liquidity, fostering community engagement, and building a robust ecosystem, Deepbook seeks to revolutionize the way individuals and institutions interact with the growing decentralized economy.
The platform is governed by a decentralized model, where token holders can propose and vote on changes, ensuring that the decisions reflect the interests of the community. Privacy and security are top priorities, with Deepbook utilizing cryptographic techniques to safeguard user data while promoting transparency.