GM Derps! The day has finally come and we are officially announcing the $DERP token listing set to be on 21 November 12PM UTC! $DERP will be launched on both CEX and DEX at the same time! We strongly suggest our community to read this full article that including important information of $DERP and IDO related ! Please be reminded again that $DERP is not launched yet and DO NOT CLICK ON ANY LINKS FROM UNOFFICIAL CHANNELS ! BE AWARE OF SCAMS AND STAY SAFE !

$DERP token information:

You can find all the $DERP token-related information here!

1. DERP token contract address

2. Official LP pool address

3. Trade at

4. Multi-chain bridge

a. XY Finance

b. more to come

5. CoinGecko Link (upcoming)

6. CoinMarketCap Link (upcoming)

Additional information :

1. LP locked for 1 year (to be locked after token trading enabled) - to be updated

2. Anti-sniping mechanism

a. Trading enabled on 21st November 2023: 12 pm UTC

$DERP IDO-related information

Successfully sold out DERP public sale within 1 minute on both DerpDEX and Sphere. Kudos to all participants who participated in DERP IDO. #derpingtothemoon

DERP IDO token vesting:

30% on TGE. 30 days cliff. Balance 70% with 3 months linear vesting.

DERP IDO token claiming:

Time to claim: 21 Nov 12pm UTC (Same time as Token Listing)

Where to claim: https://app.derpdex.com/#/launchpad

SPHERE IDO token claiming:

Time to claim: 21 Nov 12pm UTC (Same time as Token Listing)

Where to claim: https://www.spheresxs.com/airdrop

DerpDEX IDO

1. Claim $DERP at the respective chain that the user bought from. Ie. IF Bob bought IDO from DerpDEX zkSync network, claim from zkSync network.

2. What’s Next?

   1. Trade at DerpDEX at zkSync, Base or opBNB network, respectively.

   2. Arbitrage between different DEX and CEX prices.

   3. “DERP TGE launch: LP farming” campaign for 30 days

   4. Stake for xDERP for additional benefits:

      1. Yield booster with xDERP (to be launched on 22 Nov)

      2. Whitelist allocation for upcoming DerpDEX launchpad IDO sale

   5. Bridge between different chains and Ethereum (coming soon)'

Sphere IDO

1. Claim $DERP at Ethereum network. I.E. IF Alice bought IDO from Sphere launchpad, claim from Ethereum network. Please take note* that the 30% $DERP tokens that unlock on TGE can be claimed from Sphere. The remaining 70% with linear vesting will be claimable after 30 days from TGE on DerpDEX. Follow this doc on how to claim for the Sphere IDO.

2. What’s next?

   1. Trade at Uniswap (Ethereum network), Gate or MEXC.

   2. Arbitrage between different DEX and CEX prices.

   3. Bridge $DERP to DerpDEX on zksync, Base or opBNB (coming soon)

      1. “DERP TGE launch: LP farming” campaign for 30 days

      2. Stake for xDERP for additional benefits:

         1. Yield booster with xDERP (to be launched on 22 Nov)

         2. Whitelist allocation for upcoming DerpDEX launchpad IDO sale

Why is $DERP complicated between different networks?

1. $DERP is a multi-chain token. DerpDEX is a meme-DEX on multi-layer2 networks; zkSync, Base and opBNB.

2. To make this more seamless, we are in discussion with several multi-chain cross-chain bridges to move $DERP tokens seamlessly. Ie. xy.finance, openswap.xyz and more.

Where is $DERP listed again?

At TGE, $DERP is listed on multiple exchanges:

1. Gate https://www.gate.io/trade/DERP_USDT

2. MEXC https://www.mexc.com/exchange/DERPDEX_USDT
   Token Ticker: DERPDEX

3. Uniswap (Ethereum)

4. DerpDEX (zkSync, Base, opBNB)

Find all related information about $DERP token: https://derpdex.gitbook.io/home/tokenomics/derptoken

What are the use-cases for $DERP?

There are multiple methods and strategies that we planned to encourage the use of DERP as a utility token within DERP ecosystem (in the future) To start with: In the short term, we planned to create some proven use cases for the $DERP token within DerpDEX platform/dapp.

• Staking to enjoy a whitelist for upcoming new meme token launch (or any other high growth project).

• Multiplier for staking and farming just like what CAKE users enjoy at Pancakeswap. Or simply yield booster.

• $DERP can also be used for pairing with other meme-tokens thus, creating use-cases for $DERP token within DerpDEX. Just like BNB is used for most pairs on Pancakeswap.

In the long term (during the next bull run), we intend to launch our own opDERP L2 roll-up as well. This is similar to BASE on the Optimism chain.

• Then DERP token can be used to pay as fees thus, creating utility for the $DERP token.

• These xDERP token stakers will also enjoy validator node incentives and more. Just like any validator node on chain.

There are also additional benefits:

• DerpDEX intends to create some special premium privileges such as a VIP group for meme-bot (similar to Unibot BUT for memes sniping, arbitraging, etc).

• And DERP can also be staked for xDERP to enjoy protocol earnings fee sharing. This info is available in our documentation on our website.

Read more in the docs below:

Wen Airdrop :

All airdrop is claimable after TGE (token listing) . It will be in Q4 2023 and the team will announce on the claiming details and time after TGE. Please read more here to understand.

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!