Deepr Degen is the testing ground for Deepr Finance on the ShimmerEVM Mainnet. This version serves as a dedicated playground, allowing you to test and experience Deepr Finance in a unique environment before the official launch of our final Lending protocol. Let's delve into what sets Deepr Degen apart:
What is Deepr Degen?
Deepr Degen is a special release designed to offer you a sneak peek into the future of Deepr Finance. It is distinct from our final Lending protocol in several ways, allowing you to try out Deepr Finance before the full release, but please be mindful of the disclaimers and only lend/borrow what you can afford to lose, as many of the risk mitigation tools which we will implement on the final version are not included:
Meme Coin Lending Markets: In Deepr Degen, we introduce meme coin lending and borrowing markets for $FISH and $WEN tokens trading on ShimmerSea Dex, adding a fun and engaging dimension to your DeFi experience.
DEEPR Tokens Rewards: Please note that in this initial version of Deepr Degen, $DEEPR token rewards will not be available. These rewards will be introduced in the full release of the Deepr Finance platform.
Supply Liquidity Limits: To ensure the stability and security of the Deepr Degen ecosystem, we've implemented limits on liquidity supply on our front end. These limits are essential to maintain a controlled environment while ensuring a safe space for all participants.
Exercise Caution on Deepr Degen
While Deepr Degen offers an exciting opportunity to explore and experiment with Deepr Finance on the ShimmerEVM Mainnet, we want to emphasize the need for caution. As with any financial platform, there are inherent risks involved in trading and engaging with cryptocurrency markets. Prices can be volatile, and the meme coins market, in particular, may carry additional unpredictabilities. It's crucial to conduct thorough research, assess your risk tolerance, and only invest funds you can afford to lose. Always exercise prudence, stay informed, and be vigilant when participating in Deepr Degen to ensure a safe and enjoyable experience within our ecosystem. Your security and financial well-being are of utmost importance to us.
Why get involved with Deepr Degen?
Deepr Degen serves as a stepping stone to our final Lending protocol, providing you with a hands-on opportunity to test and familiarize yourself with our lending platform. It allows you to explore, experiment, and learn about the future of decentralized finance on ShimmerEVM Mainnet.
With its distinctive features and innovative approach, Deepr Degen empowers you to embrace the DeFi landscape in a dynamic and interactive way. Whether you're an experienced DeFi enthusiast or a newcomer to the space, Deepr Degen offers a unique experience worth exploring.
So, dive into the world of Deepr Degen, where boundaries are pushed, and possibilities are endless. Test Deepr Finance on the ShimmerEVM Mainnet, and get ready to embark on a thrilling journey into the future of decentralized finance!