$DEP Tokenomics

• Ticker Symbol: $DEP

• Chain: BNB Chain (BEP-20)

• Max Supply: 700 000 000 $DEP tokens

• Start of Supply: from 10 000 000 $DEP tokens (allocated for the initial liquidity, marketing, and strategic partnership purposes)

• Contract Address: TBA

Out of these 10 000 000 tokens, 400 000 $DEP tokens were used to secure the initial liquidity. This is done to ensure our users can make exchanges and experience all the features of the platform from the very beginning.

Distribution of Tokens

The allocation of 600 million $DEP tokens is as follows:

• Farms / Launchpools: 80.7% per block

• Community: 4.3% per block

• SAFU: 1% per block

• Team: 9% per block

• Investment Fund: 5% per block Initially, 100 million $DEP tokens were allocated for Transaction Fee Mining.

  What is a Maximum Supply?

  Cryptocurrencies and tokens built on a blockchain have set up algorithmically created release schedules. This means we can accurately predict how many coins will be made by a specific time.

  Max supply — the coins/tokens that will be ever produced. As soon as the maximum supply is reached, there will be no more of these coins or tokens minted.

  The maximum supply of $DEP tokens is 700 000 000

  What is a Total Supply?

  Total supply — tokens/coins that exist now. They can be in circulation or somehow locked.

  The formula for calculating is quite simple 🔽

  The sum of tokens/coins that were already mined (or issued) MINUS the total of coins that were burned or destroyed = Total Supply

What is a Circulating Supply?

Circulating supply — the tokens/coins that are publicly available and circulating in the market. It is possible for a cryptocurrency circulating supply to increase or decrease over time.

The formula for calculating 🔽

Total supply MINUS the Reserve Fund = Circulating Supply

What is Market Capitalization?

Market Capitalization (or Market Cap) in the blockchain industry refers to a measure of cryptocurrency market size or, in other words, the crypto asset's value.

The formula for calculating 🔽

Calculating Supply MULTIPLY BY the price of the crypto asset = Market Cap

What is Cryptocurrency Burning?

Simply put, it means removing coins from circulation, thereby reducing the total supply. Tokens are usually transferred to a burn address during this process.

The tokens/coins get burned for two main reasons:

• To increase their value

• To keep their condition steady

$DEP Tokens Burn

Deepswap DEX has Deflationary Mechanisms. Our platform always develops and aims to enhance ones. The $DEP burn happens to keep the token valuable and less volatile.