Deepr Finance and ShimmerSea Partnership

We’re excited to announce a partnership with ShimmerSea DEX, a leading DEX launching on #Shimmer soon.

ShimmerSea will provide liquidation services necessary for our lending markets to operate safely. Furthermore we are exploring the use of the ShimmerSeaDEX to convert revenue from the lending markets of Deepr Finance to reward our token holders with passive income. We anticipate this to be available soon after launch and for it to expand utility for our investors.

Deepr Finance’s utility token, DEEPR, will be one of the first tokens to launch on ShimmerSea via an initial liquidity offering with liquidity incentives offered. More information on this will be provided including education on these topics in the near future.

ShimmerSea has a long history of supporting Shimmer and the IOTA community, and like us, they share the desire to create a secure DeFi ecosystem while providing long term value for all stakeholders.

We’re tremendously excited about this partnership and are looking forward to securing further partnerships within the Shimmer Ecosystem — together we’re stronger!