Depeg

Stablememes made easy.

Built on @pumpfun.

$DEPEG 5PWitZ99YDqyNdfYa4T9ZqeKH3uE3MqqBpFGRjPitGzg

[Depeg @depeg_]

https://t.co/Z4ZwP06yNb

[Depeg @depeg_]

@StefanoC0612 @Purps911 @sendaifun Explain what makes you say that, if the coin is at 10k and i'm still here and working. if it was a rug i wouldn't be active anymore

[Depeg @depeg_]

So the few short term plans for depeg are :
1- Completing the lending/borrowing logic ( this milestone is pretty big and technically complicated).
2- Integrating out "Ambassador" agent into the @sendaifun ecosystem, this will facilitate a higher reach to agents.

[Depeg @depeg_]

Extremely near to a total for 10k USDC backing our stablecoins LP vaults

[Purps.hl @Purps911]

@depeg_ @sendaifun one of the best project rn

[Depeg @depeg_]

@Purps911 @sendaifun Everyone is cutting losses, i don't get it.

[Depeg @depeg_]

$depeg is coded

[Depeg @depeg_]

Make sure to join the X chat, we are having detailed conversation.

https://t.co/mWc5BHy9nO

[Depeg @depeg_]

We have claimed 67 $sDEPEG and staked it all

https://t.co/UAt8QGc0jK

[Depeg @depeg_]

We have claimed 67 $sDEPEG and staked it all

https://t.co/UAt8QGc0jK

[Depeg @depeg_]

Join our X chat

https://t.co/mWc5BHy9nO

[Depeg @depeg_]

@only1Bora @sendaifun Tg is pretty much toxic, I'm figuring out how to create an X chat.

[Depeg @depeg_]

What's next for @depeg_

1- Completing the lending/borrowing ( pretty big milestone ).
2- Integrating the ambassador with @sendaifun's agents library to have much more reach.

[Depeg @depeg_]

We had a pretty small bug with our yield injection bot, we just fixed it, and it did inject all the yield collected from the creator fees.

[Depeg @depeg_]

@only1Bora @sendaifun I wish I could, but X has halted the ability to do so.

[Depeg @depeg_]

We are fully open to suggestions and critics, if you would like something to be added, changed, don't like something. Feel free to reach out.

We are here to be the factory of stablememes in the trenches.

[Depeg @depeg_]

How does DEPEG’s deflationary system work?

Every staker can buy a booster pack to increase their share of staking rewards. The SOL used to purchase these boosts is automatically used to buy back and burn the linked memecoin.

[Depeg @depeg_]

Ok, I've seen so many people confused about the whole tech behind @depeg_, I will explain it again under this thread.

[Depeg @depeg_]

How does staking work on Depeg ?

1- What you stake Every pool issues a stablecoin backed 1:1 by USDC. You mint stablecoin by depositing USDC, and you can redeem it for USDC at any time on a 1:1 basis. When you stake, your stablecoin is locked inside the pool. Your USDC still fully backs it — you simply can’t move or redeem the stablecoin until your lock period ends.

2- Pick a lock period There are 8 lock options, ranging from 1 day to 1 year. Longer locks earn dramatically more weight. Rewards are not paid based on time alone — they are distributed according to your share of the pool’s effective stake. The longer your lock, the larger your effective stake multiplier becomes.

3- The days^1.5 curve effective_stake = amount × days^1.5 A $100 stake locked for 1 day counts as $100 of effective stake. The same $100 locked for 365 days counts as roughly $697,474 of effective stake ( NOT THE VALUE OF YOUR REWARD ). The curve is superlinear — long-term stakers gain disproportionately more weight than short-term stakers. Important: these large numbers represent effective staking weight used for reward distribution, not the actual value of staking rewards.

[Depeg @depeg_]

You guys need to see this from this perspective.

Any trencher can now with 2 clicks make his own stablecoin backed by USDC 1:1, also he can have his own stakers that get rewards by yield.

We now have stablecoins born in the trenches.