The Native Deepr Token ($DEEPR)
$DEEPR is the native utility and governance token of the Deepr.fun platform, deployed at on Base. While Deepr enables the launch of many different tokens using its template, the $DEEPR token itself plays a central role in the ecosystem’s value flow and future direction.
Role in the Ecosystem
The primary functions of the $DEEPR token include:
- Value Accrual: Capturing a portion of the value generated by successful launches on the platform.
- Reward Distribution: Enabling rewards for token holders through mechanisms like airdrops.
- Governance (Future): Potentially enabling holders to participate in decisions regarding the platform’s development, feature prioritization, and fee structures.
Value Accrual: Fee Distribution Explained
Every token launched using the DeeprTemplate contract contributes to the Deepr ecosystem through its fee mechanism, which directly benefits $DEEPR holders and the platform’s treasury.
When liquidity is added to a token’s pool (both during the initial deployment after Tranche 0 sells out, and during subsequent purchases from Tranches 1-13), a 10% fee is applied to both the ETH and the Tokens being paired:
-
ETH Fee (10% of ETH portion): This fee is split:
- 75% goes to the Project Deployer (the wallet that launched that specific token).
- 25% goes to the Deepr Vault (
DEEPR_VAULTaddress).
-
Token Fee (10% of Token portion): This fee represents 5% of the total tokens involved in the tranche purchase/sale event.
- 100% of this token fee goes to the Deepr Airdrop (
DEEPR_AIRDROPaddress).
- 100% of this token fee goes to the Deepr Airdrop (
For a detailed, tranche-by-tranche breakdown of ETH raised and fee distribution, please see the Tranche Sales, Fees & Distribution page.
Example: If a purchase from Tranche 2 adds 1 ETH and 1,000,000 Project Tokens to liquidity:
- ETH Fee: 0.1 ETH is taken. 0.075 ETH goes to the Project Deployer, 0.025 ETH goes to the Deepr Vault.
- Token Fee: 100,000 Project Tokens are taken (10% of the LP portion). All 100,000 tokens go to the Deepr Airdrop address.
- Liquidity Added: 0.9 ETH is paired with 900,000 Project Tokens in the LP pool.
Deepr Vault & Airdrop Mechanism
These two dedicated addresses are crucial for ecosystem health:
-
DEEPR_VAULT: Accumulates the 25% share of the ETH fees from all launches on Deepr. These funds serve as the platform’s treasury and may be used for various purposes, including:- Funding platform development and operations.
- Marketing and ecosystem growth initiatives.
- Potential buy-backs and burns of the native
$DEEPRtoken to enhance its value.
-
DEEPR_AIRDROP: Accumulates the token fees (effectively 5% of the supply sold/paired) from all launches on Deepr. This address serves as the source for distributing rewards back to the community, primarily:- Airdropping various project tokens launched on Deepr to holders of the native
$DEEPRtoken.
Current Limitation: Airdrops are currently limited to the top 200
$DEEPRtoken holders. We are actively working to increase this limit to include more holders in future distributions. - Airdropping various project tokens launched on Deepr to holders of the native
This mechanism ensures that $DEEPR holders directly benefit from the activity and success of the entire platform.
Token Generation Event (TGE) & Initial Distribution
- TGE: The
$DEEPRtoken was launched using theDeeprTemplatecontract after the mainnet platform launch. - Initial Distribution via Airdrop: To reward early supporters, the initial circulating supply of
$DEEPRwas distributed via airdrop to holders of the previous project token,$BOOB.- Following the deployment of the
$DEEPRtoken contract, the Deepr team initiated the launch sequence by purchasing the entire Tranche 0 supply (22% of total$DEEPRsupply). - This purchase triggered the automatic pairing of another 22% of the
$DEEPRsupply for the initial liquidity pool. - The Deepr team then airdropped tokens acquired during this initial phase (Tranche 0 purchase, totaling 22% of the
$DEEPRsupply) plus additional tokens bought on market to eligible$BOOBtoken holders based on a snapshot taken prior to the$DEEPRlaunch. The LP tokens from the paired 22% were burned, ensuring locked liquidity.
- Following the deployment of the
The $BOOB snapshot was taken at Ethereum block 22015696. The airdrop has been processed and distributed at Base block 30846819. You can view the airdrop transaction .
This initial distribution method ensures a fair launch for $DEEPR itself, leveraging the Deepr contract mechanics while rewarding the foundational community.