{"id":164065,"date":"2024-04-03T14:57:05","date_gmt":"2024-04-03T14:57:05","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=164065"},"modified":"2024-04-03T14:57:08","modified_gmt":"2024-04-03T14:57:08","slug":"sui-blockchains-first-native-liquidity-layer-deepbook-launches-new-token-with-nft-airdrop","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/sui-blockchains-first-native-liquidity-layer-deepbook-launches-new-token-with-nft-airdrop\/","title":{"rendered":"Sui Blockchain&#8217;s First Native Liquidity Layer DeepBook Launches New Token with NFT Airdrop"},"content":{"rendered":"<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">TL;DR<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li><strong><span data-preserver-spaces=\"true\">DeepBook Launch<\/span><\/strong><span data-preserver-spaces=\"true\">: Sui blockchain\u2019s first native liquidity layer, DeepBook, has launched its native token, DEEP, aimed at institutional and professional traders to enhance DeFi liquidity.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">DEEP Token Benefits<\/span><\/strong><span data-preserver-spaces=\"true\">: DEEP token holders can enjoy volume-based fees, maker incentives, and governance participation in liquidity pools, supported by DeepBook\u2019s on-chain central limit order book.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">NFT Airdrop Preview<\/span><\/strong><span data-preserver-spaces=\"true\"><span data-preserver-spaces=\"true\">: An exclusive NFT, DBClaimNFT, was distributed as a preview for the DEEP token, which recipients can claim upon the official launch, marking a significant development in the DeFi sector on the Sui network.<\/span><\/span><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\"><strong>DeepBook, the first native liquidity layer of the <a href=\"https:\/\/crypto-economy.com\/what-is-sui\/\" target=\"_blank\" rel=\"noopener\">Sui<\/a> blockchain, has <a href=\"https:\/\/blog.sui.io\/deepbook-deep-token-launch\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> the launch of its native token, DEEP.<\/strong> This strategic move fortifies DeepBook\u2019s role as a pivotal financial infrastructure within the Sui network, catering primarily to institutional and professional traders.<\/span><!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">You may have noticed a redeemable NFT in your wallet last week. <\/p>\n<p>As Sui&#39;s first native liquidity layer, <a href=\"https:\/\/twitter.com\/DeepBookonSui?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@DeepBookonSui<\/a> will launch its own native token, DEEP, reinforcing its position as key financial infrastructure for the network. <\/p>\n<p>Learn more: <a href=\"https:\/\/t.co\/vN6wudv90l\" target=\"_blank\">https:\/\/t.co\/vN6wudv90l<\/a><\/p>\n<p>&mdash; Sui (@SuiNetwork) <a href=\"https:\/\/twitter.com\/SuiNetwork\/status\/1775300988087542157?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 2, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\"><strong>The purpose of the DEEP token is to enhance liquidity in the decentralized finance (DeFi) industry.<\/strong> It offers various benefits, such as volume-based fees and maker incentives, that depend on certain staking requirements in DeepBook pools. These benefits go beyond just transactions, allowing users to participate in governing the liquidity pools by staking DEEP tokens.<\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">DeepBook\u2019s architecture, a fully on-chain central limit order book, enables <a href=\"https:\/\/crypto-economy.com\/defi-decentralized-finances\/\" target=\"_blank\" rel=\"noopener\">DeFi<\/a> protocols and professional traders to tap into its pools, thereby offering a spectrum of sophisticated retail services. <strong>The platform supports intricate trading functionalities, such as market and limit orders within its pools<\/strong>, laying down an efficient foundation for DeFi operations and fostering innovation in financial products.<\/span><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">DeepBook and Sui Blockchain Launched a Special NFT in Anticipation<\/span><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-164067\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/04\/DeepBook.jpg\" alt=\"Sui Blockchain's First Native Liquidity Layer DeepBook Launches New Token with NFT Airdrop\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/04\/DeepBook.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/04\/DeepBook-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/04\/DeepBook-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\"><strong>Excitement is building for the upcoming launch of the DEEP token later this year.<\/strong> DeepBook has created a special NFT called DBClaimNFT, which was given out on March 28, 2024. This NFT acts as a preview for the DEEP token, giving recipients the ability to claim their tokens when the official launch happens. It&#8217;s important to note that the DBClaimNFT cannot be transferred, making it a unique and exclusive gift for those who received it originally.<\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">DeepBook\u2019s token design is a testament to its commitment to providing robust wholesale liquidity. It incentivizes a collaborative ecosystem among its diverse participants, ensuring ample liquidity around the clock.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\"><strong>The DEEP token is designed specifically for institutional users,<\/strong> providing fee discounts based on trading volume for active traders and rewards for liquidity providers that decrease as total liquidity in a given period increases.<\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">As the Sui blockchain continues to evolve, DeepBook\u2019s launch of the DEEP token and the innovative NFT airdrop represent significant strides in the DeFi landscape. These initiatives not only enhance DeepBook\u2019s liquidity solutions but also signal a new era of financial democratization and innovation on the Sui network.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR DeepBook Launch: Sui blockchain\u2019s first native liquidity layer, DeepBook, has launched its native token, DEEP, aimed at institutional and professional traders to enhance DeFi liquidity. DEEP Token Benefits: DEEP token holders can enjoy volume-based fees, maker incentives, and governance participation in liquidity pools, supported by DeepBook\u2019s on-chain central limit order book. NFT Airdrop Preview: &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Sui Blockchain&#8217;s First Native Liquidity Layer DeepBook Launches New Token with NFT Airdrop\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/sui-blockchains-first-native-liquidity-layer-deepbook-launches-new-token-with-nft-airdrop\/#more-164065\" aria-label=\"More on Sui Blockchain&#8217;s First Native Liquidity Layer DeepBook Launches New Token with NFT Airdrop\">Read more<\/a><\/p>\n","protected":false},"author":32,"featured_media":164066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9346,9883,70,74],"tags":[4583,4620,5402,9512,5026],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/164065"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=164065"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/164065\/revisions"}],"predecessor-version":[{"id":164069,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/164065\/revisions\/164069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/164066"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=164065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=164065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=164065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}