DEUS token (Value)

DEUS can be seen as a Store of Value inside the Ecosystem. It's a proxy of the Ethereum token.

This single unique feature distinguishes DEUS from the majority of coins. It enables the DEUS ecosystem itself to be more flexible and opens a world to unlimited possibilties.

  • DEUS has very deep liquidity, a 1000 ETH buy at 0.0040 ETH only has around 10% slippage.
  • The DEUS token itself has currently no direct usecase inside of the DEUS ecosystem other than being a stable backbone through its ETH Backing.
  • DEA is the token that will inherit most of the direct use-cases in the DEUS Ecosystem.
  • DEUS is backed by Ethereum: Treasury1 & Treasury2
  • Can be exchanged for Ethereum at any time on DEUS Swap.
  • The liquidity mining event created a price bottom for DEUS at 0.0015 ETH.
  • DEUS supply is infinite and DEUS price moves along the bonding curve. The curve, thus, has no upper limit.
  • Buying on DEUS Swap increases the supply. A Higher supply means a higher price. Buying on Uniswap is considered buying from a secondary market and does not increase the price/affect the bonding curve.

Examples for DEUS unique propositions and use cases

The ethereum that is used to Back the DEUS, can eventually be used for multiple things:

-> yield farm on other protocols
-> back the system in times of liquidity shortages.
-> eventually deus can replace the vault system completly.

And many many more unique usecases can eventually be created.

For example:

Currently at 1,644,162 DEUS in circulation the price is at 0.0025 ETH. At 2,317,537 DEUS in circulation the price would be 0.005 ETH. The config of the market maker (bonding curve) is designed so that there is a steady, linear price progression (visualized here).

The Math used in the DEUS Bonding curve:

DeusPrice = Treasury1 + Treasury2 - ReverseShiftAmount / ( DEUSsupply 0.4)
reserveShiftAmount = firstReserve
(1e6 - (0.4*1e6)) / (1e6); Picture

Read the DEUS continuous token offering blogpost from Lafayette to understand everything better.

The Bonding Curve Model is based on the Bancor Formulas.