GM Derps!

DerpDEX, the most meme-able DEX, is proud to announce the most awaited launch of our $DERP token!

The world has witnessed the hype and craziness from the recently launched $MEME on Binance and it’s time for $DERP to shine as the most meme-able DEX!

🧐 But first… what is the $DERP Token?

$DERP is the native token of DerpDEX.com on zkSync, Base and opBNB. DERP is used as a utility token within DerpDEX ecosystem with many many benefits

Read more about $DERP and xDERP token details here.

🧐 $DERP Utility

$DERP plays a key role in decentralizing the network, incentivising all stakeholders to participate in the network, and network’s governance.

DerpDEX’s xDERP mechanics reflect a combination of two DeFi concepts:

• Escrowed token - first introduced by Camelot Exchange to strengthen incentives for token holders

• Staking privileges - Enable on-chain governance, receiving protocol earnings, whitelist for launchpad allocation, premium features and more.

Combined, both mechanisms reward behaviors correlated with DerpDEX's success.

🧐 $DERP IDO Details (DerpDEX’s own launchpad edition)

• Where: DerpDEX’s own launchpad

• Allocation: $50,000

• Token price: $0.0000001

• Phase 1: Nov 13th, 10am UTC - Nov 15th, 9:59am UTC, 2023 (Whitelist only)

  • First Come, First Serve (FCFS)

  • Only the previously whitelisted wallets are eligible to participate

  • Min purchase (per wallet): $100, Max purchase (per wallet): $1,500

• Phase 2: Nov 16th, 10am UTC - Nov 19th, 9:59am UTC, 2023 (Public sale)

  • Anyone can buy if there's any left allocation from Phase 1

  • First Come, First Serve (FCFS)

• Note: $50k hardcap (No softcap)

🤩What’s next on DerpDEX?

DerpDEX’s roadmap is looking bright and we are excited for what’s coming in the future! For now, let’s look at the remaining developments we’ll have to see even before the year ends:

2023 Q4 Roadmap (look out for more detailed updates coming soon!)

• Loyalty program (Join the loyalty program campaign and earn up  to $1,200,000 Derp Points)

• TGE (Token launch) & Airdrop campaign

• Listing on CEX

• Refer- to- Earn Campaign

• One-click-to-launch-meme feature

Know more about our roadmap 2.0 including what’s set for the year 2024. You can read it here.

👀Frequently Asked Questions!

Q: How can I know if I’m whitelisted and in which phase I can participate?

A: There are two phases of the $DERP IDO. We will be posting a document of all whitelisted wallets (from users who participated in the giveaways and campaigns before).

If your wallet is not on the list, you can still wait and buy on Phase 2, if there’s any token left from Phase 1. Remember that it’s FCFS in Phase 2, so make sure you check our socials for updates!

Q: What is the IDO price and listing price?

A: IDO price will be $0.0000001, while the listing price will be $0.00000011. So there's a 10% discount if you buy $DERP during IDO.

Q: What currencies are accepted for $DERP IDO on DerpDEX launchpad?

A: USDT, USDC, ETH, FDUSD, BNB

Q: Which chain shall I choose to buy IDO? How about the $DERP tokens when claiming?

A: zkSync, opBNB, and Base chain. IF user A (Bob) decides to participate on the zkSync chain, then the DERP tokens are to be claimed on zkSync. Maximum $1500 per wallet whitelisted across 3 chains.

Q: When can I receive $DERP tokens with IDO investment? And what’s the vesting term?

A: Users will be able to claim 30% of the invested amount of $DERP on the DerpDEX launchpad on TGE. The vesting term is 30% TGE, 30 days cliff, 3 months linear vesting.

Read more about the token distribution details here.

Q: Will there be other IDO launchpads for $DERP sale? And will the IDO price and condition be the same as DerpDEX launchpad edition?

A: Yes there will be other launchpad partners which we will announce shortly. The IDO price and vesting terms will be the same. But each launchpad has its own whitelist and process for their IDO.

Q: Wen token listing?

A: $DERP TGE is set to be in Nov! (It will come faster than you think! ) We are finalizing the listing CEX partner and will inform the community soon. For DEX, $DERP will be listed on our very own DerpDEX.com

Q: Wen airdrop?

A: Airdrop will be claimable after TGE (token listing). Stay tuned for the details from the official announcement.

DON’T CLICK ON ANY LINKS THAT ARE FROM UNOFFICIAL CHANNELS. BE AWARE OF SCAMS!

We hope to see you at the $DERP IDO! Join DerpDEX in this journey together to make meme great again!

About DerpDEX

DerpDEX combines the best of web3: the perfect blend of “DeFi + memes + NFTs”  powering the meme movement on L2 zkSync network. By restoring the old glory of derps as internet sensations designed to entertain degens worldwide, we are making derps great again.

Trade, earn, stake, and launch crypto with the most  ̶a̶u̶t̶i̶s̶t̶i̶c̶ best DEX on the internet. Make derp great again!