DEIP is a Substrate-based chain with advanced interchain interoperability provided by a combination of NEAR + Octopus Network. DEIP is an appchain on Octopus Network, allowing it to be deeply integrated with the entire NEAR ecosystem.
DEIP is backed by angel investors, 15 VCs and a community of over 100,000 developers, creators, and crypto investors.
DEIP has already launched its mainnet on Octopus Network and you can inspect the project’s development on GitHub.
You can purchase DEIP tokens on Skyward Finance, with the final public allocation of 5% being distributed via auction.
Token
DEIP token serves three major functions in the network:
Governance token
As a governance token, DEIP token provides holders with voting rights for the election of Validators and council members, and for the adjustment of the key network parameters through referendums. Before network launch DEIP token holders will be also able to participate in governance of the network launch process by approving or declining council decisions.
Utility token
DEIP token is a native token in DEIP network. The token serves multiple purposes and can be used as payment mechanism, governance token, and staking for yield farming in the network. All financial transactions in the network have fees (specified by network council)
Staking and yield farming
Network participants can stake DEIP tokens on a specific F-NFT segment to farm the yield of underlying intangible assets. If you stake your DEIP tokens on a specific industry (segment) in the network, every financial transaction made in this industry has a fee. The fee collected is shared between the ecosystem fund and yield farmers in the industry where the transaction is performed (eg. music, movies, invention, etc).
DEIP token will be also deployed on other DLT protocols (as “wrapped DEIP”), including on Binance Chain, Near Protocol, Ethereum, and others.
DEIP plans to bridge between the DEIP main network and other networks in order to maintain operability and seamless cross-chain transactions. DEIP token will always remain liquid both on all networks where it has been deployed.
Let’s run through our token roadmap for the coming months ahead
29 April
On this date, DEIP will release its wallet. Right now in the ongoing IDO, participants will receive their DEIP tokens to their NEAR wallets. To ensure that participants can receive their DEIP token to a DEIP wallet, we have plans to bridge.
30 April
The Skyward auction will end on 30 April and from this date, DEIP tokens will be purchasable on open markets.
Beginning of May
At the beginning of May, DEIP plans to bridge to Binance Chain with a pool on Ref.finance and will also launch a pool on Pancake Swap. This will boost liquidity of DEIP tokens.
May 4–5
Another event to boost liquidity of DEIP tokens will also take place in the first week of May. It will begin with a kickstart event on May 4 with airdrops and on May 5, DEIP token will be fully listed on MEXc.
May 27
DEIP’s metaverse event will take place at the end of May. In the metaverse event, DEIP’s wallet and mainnet will be showcased as will the no-code/low-code constructor, Casimir.
