Demeter (DEO) is a multifunctional token on the SORA network, powering the Demeter Farming Platform, Farming-as-a-Service, and the Play-to-Earn game DEO Arena. More
Fully Diluted Valuation | $16,630 |
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24H Trading Volume | $18 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 6.40 M |
Total Supply | 6.40 M |
Max Supply | 10.00 M |
Categories | Yield Farming 3 more |
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Founder | Anonymous |
Website | farming.deotoken.io |
Socials | |
Chains |
Ethereum Ecosystem
2 more
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Explorer | Ethplorer 4 more |
Contracts |
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Name | Pair | OG Score |
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Demeter (DEO) is a cryptocurrency on the SORA network, designed to support DeFi services and gaming. It is part of the Ceres ecosystem and was distributed as an airdrop to Ceres holders. The token powers the Demeter Farming Platform and the Play-to-Earn game DEO Arena.
How does Demeter Farming work?
Demeter Farming Platform allows users to farm in multiple pools using the same liquidity provider (LP) tokens. Unlike traditional DeFi farming, liquidity providers do not give up control of their assets, ensuring more security and flexibility. Users also receive PSWAP rewards while farming, maintaining liquidity incentives.
What is Farming-as-a-Service?
Demeter offers a Farming-as-a-Service feature, allowing other projects to create their own farming pools without needing to write code. This lowers the barrier for new projects looking to incentivize liquidity and user participation.
What is DEO Arena?
DEO Arena is the first Play-to-Earn game on the SORA network, where players use DEO tokens to participate. This adds an entertainment and gaming aspect to Demeter, increasing its use case and engagement within the ecosystem.
How is Demeter secured?
Demeter ensures security by integrating hardware wallets like Ledger for asset protection. The platform also follows regulatory compliance, making it more reliable. Additionally, its farming model enhances security by not requiring users to transfer liquidity to a third-party contract.
What key events have shaped Demeter?
Demeter has participated in major events like ETHDENVER 2024 and strategic partnerships with networks such as Boba, Polygon Studios, and Rai Finance. The launch of the Demeter Farming Platform and DEO Arena has expanded its role within the SORA network and DeFi space.
Conclusion
Demeter (DEO) is a versatile token that combines farming, gaming, and DeFi services. With its Farming-as-a-Service model and Play-to-Earn integration, it provides unique benefits for both users and developers in the crypto ecosystem.
Demeter (DEO) stands out with its Farming-as-a-Service model, allowing projects to create farming pools without coding, and its Play-to-Earn game, DEO Arena, which integrates gaming with DeFi on the SORA network.
Demeter (DEO) is developed as part of the Ceres ecosystem, but specific founder details are not publicly disclosed.
Demeter (DEO) has gained support through strategic partnerships with networks like Boba, Polygon Studios, and Rai Finance, expanding its reach in the DeFi space.
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