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Table of contents

  1. The DEEPMAZE Finance Platform
    1. Past, present and future prices of The Thor Chain network (THOR)

Summary:

  • What is The Deepmaze Platform and how does it work?
  • Deepmaze’s past, present and future price positions.

The DEEPMAZE Finance Platform

Built on Binance Smart Chain, DEEPMAZE:DPZ is an auto-liquidity DeFi token supported by crowded pools. It fixes the DeFi ecosystem's issue with the liquidity, value, and discretion trilemma. The smart contract for DEEPMAZE performs three essential tasks:

  • The liquidity is locked into the liquidity pools via an automated liquidity provision process.
  • The developers have no discretion due to the architecture of ownerless community tokens.
  • By providing holders with free token flows, crowdsourcing pool offers a novel way to address the valuation conundrum.

The transactional architecture of DEEPMAZE is straightforward. DEEPMAZE is a community transaction. Every holder receives a portion of the crowdsourcing pool, after which a 5% liquidity fee is subtracted. The contract includes a lock on the collected liquidity charge.

The concept of reflection-based passive staking served as the inspiration for DEEPMAZE. Although DEEPMAZE features an automatic liquidity mechanism (sell half and match), it also contains a crowded pool that is protected by contract, with users receiving payouts that are diminishing logarithmically. Users' transaction fees are thus reduced by half while maintaining the automatic liquidity and passive staking characteristics.

They support open source and accountability. By BSCScan, every DEEPMAZE contract is validated. The entire source code is available online (MIT Licence).

The current market capitalization of DEEPMAZE is $108,643. There is a maximum supply of 1 billion DPZ tokens, 22,580,230.00 are currently in circulation.

Past, present and future prices of The Thor Chain network (THOR)

DEEPMAZE hit their price peak late in January, at a price of $0.022. Since then the price has consistently fallen and is currently sitting low.

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Over the past few months, the global markets have been facing strong investor risk-off sentiment in the wake of the geopolitical tensions, Covid-19 lockdowns in China and supply chain issues. The cryptocurrency market has followed the trends of the greater market during these times, therefore the price of most cryptocurrencies have been falling, DPZ does fall under this category.

The future price of The DEEPMAZE Finance network (DPZ) is currently unavailable. In addition, it is important to remember that this future price prediction is based solely on data and does not take into account factors such as investor sentiment and the ever changing market conditions, both of which make it difficult to make accurate future price predictions.

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Sources: finance.yahoo.com, coinmarketcap.com


Rebecca Duthie

Rebecca Duthie

Remote Editor and writer Intern
FXMAG.COM

Rebecca has a bachelors degree in Investment Management, a Post Graduate Diploma in Financial Planning and is currently enrolled in a Masters program in International Management with a Specialization in International Finance. 


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