DEA can be seen as a utility of the Ecosystem, can be used to decrease trading fees, get access to special services or as a baseliquidity pair.
There will be more and more unique utilities created in the future for DEA.
Users holding DEA token are getting access to special Products & Services, they also are able to trade on the DEUS platform with less fees.
Holding 5 DEA decreases your Trading fee by 50%
paying trading fees with DEA reduces them to a maximum of 0.3%
Fixed supply of 166,670 tokens as voted by the community.
DEA can also be pooled as a basepair to provide an exit gateway for Vault stakers and enables you to earn a renumeration inside the DEUS ecosystem.
Created with a liquidity mining event that ran from October 2020 until middle of January 2021, distributed 110,000 DEA to stakers.
Why have two protocol tokens?
DEUS acts as a Liquidity reserve, it is a proxy of ethereum and thus could not be used for the liquidity mining event. Liquidity mining was meant to encourage users to engage with the DEUS protocol, by letting them farm pre-minted DEA until the launch of the stock trading platform by late January 2021.
DEA was initially conceived as a stablecoin, but this idea was vetoed by the community. Instead, DEA became a low supply coin that has unlimited upside and is the perfect complement to the low price sensitivity of the DEUS token.
A seigniorage stablecoin system will also be developed eventually, but with a different coin serving this role.