TechFlow reports that DeepBook Protocol, the native liquidity layer protocol on Sui, has announced its DEEP token economics.
The maximum supply of DEEP tokens is set at 10 billion. Of this, 59.98% will be allocated to the community treasury and future distributions, 31.02% will go to core contributors and early supporters, and 10% will be distributed via an initial community airdrop.
The first allocation of DEEP tokens will today be sent in the form of soulbound NFTs. Users will be able to unwrap these NFTs and claim their DEEP tokens when DeepBook Protocol officially launches.
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