DeepBook token (DEEP) is an important part of a liquidity platform developed on the Sui blockchain. This platform aims to provide a decentralized, permissionless liquidity space between professional traders and DeFi protocols. Thanks to Sui's fast transaction processing and low transaction fees, DeepBook creates an efficient structure for liquidity providers. The DEEP token aims to provide benefits throughout the ecosystem by supporting liquidity flow.

The model is based on volume-based fees, incentives for liquidity providers, equity-based participation, and management mechanisms. Users can benefit from low fees and incentives by staking a certain amount of DEEP tokens. However, the model also includes various defense mechanisms against vulnerabilities such as wash trading and management takeover. For example, measures have been taken to ensure that the collected tokens cannot be less than the distributed amount.
The token distribution is planned for the community and those who contribute to the project; 10% in total is allocated to the community, 28% to core contributors, and 62% to future community programs. Thus, DeepBook aims to provide users with low-cost services by establishing a sustainable financial infrastructure.

-Gate.io has launched the DeepBook (DEEP) startup project, which can only be accessed through GT: https://www.gate.io/startup/1904
-Gate.io has launched the DeepBook (DEEP) trading competition. Share the $47,000 prizes: https://www.gate.io/announcements/article/39904
-Join the -DeepBook (DEEP) Answer & Win competition and share 1,000,000 $ DEEP: https://www.gate.io/activities/answer-earn/details
 $DEEP trading link: https://www.gate.io/trade/DEEP_USDT
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