DeepBook Protocol (DEEP)

Day 19 of July

$DEEP
@OurbitPartner https://t.co/mzEdq0ZFpV

🔥 One thing I don't think enough people realize about $DEEP...

It's already becoming deflationary by design.

Since TGE:

• ~127.5M $DEEP has been burned from trading fees
• DeepBook has processed $13.75B in trading volume

And this is only the beginning.

As more DeFi apps build on @DeepBookonSui, more trading activity means more $DEEP gets burned.

Now add what's coming next:

DeepBook Predict will require users to stake $DEEP for rebates and additional benefits.

So you end up with an interesting flywheel:

📈 More DeFi activity → more $DEEP burned
🔒 More Predict activity → more $DEEP staked
📉 Less liquid supply available on the market

That's the kind of tokenomics I like paying attention to.

A continuously deflationary asset + increasing utility + shrinking circulating supply can become a very powerful combination if ecosystem demand keeps growing 🌊

Algorithm na impressions you dey control, you nor be God

$DEEP stat https://t.co/NRydQxhsYG