DEEP™ Engine

Demiourgos ESDT Emission Perpetual

OUROBOROS marks the unveiling of a pioneering DEFI concept by Demiourgos.Holdings™—the DEEP™, or Demiourgos ESDT Emission Perpetual. This innovative system, the DEEP, serves as a specialized engine facilitating the perpetual emission of ESDT Tokens. Unlike conventional tokens that follow standard emission patterns, the DEEP generates a fixed quantity of ESDT Tokens daily, ensuring perpetual emission.

The DEEP™ has been meticulously designed to enhance the longevity of ESDTs by establishing a perpetual emission mechanism. This distinctive approach contrasts sharply with the norm, offering a unique and enduring framework reminiscent of cryptocurrencies that operate on their own blockchains.

How does it function

To initiate the use of DEEP™, Token Owners must fulfill two essential prerequisites:

• The Token must be created, and an arbitrary amount must already be in existence.

• The Demiourgos Team must include the Token in the DEEP™ system, requiring whitelisting by the Demiourgos Team for the specific Token to be eligible for use with DEEP™

Demiourgos ESDT Support for the DEEP™

When the Demiourgos Team add support for a Token in the DEEP™ it means the following, since using the DEEP is not permisionless:

• Token Owners must pledge to use the DEEP™ Engine for their Token Emission for the existence of their Token, and yield 15% of its daily emission to Demiourgos which will be used in the following manner:

  • 5% goes into the Foreign Token Reward Program:

    • 25% of this (a quarter, or 1,25% of the daily emission) is distributed via Blessed Vesta.VAULT™

    • 75% of this (3 quarters, or 3,75% of the daily emission) is distributed via the Chimeric Vesta.VAULT™

  • 10% will go to a ESDT Token Vault, where that token can be staked, and earn this amount of the daily Emission. (A new Foreign Token Vault will be created for each Token using the DEEP™ Engine, except for OUROBOROS)

• In return they will enjoy perpetual emission of their token

Token ZERO that uses the DEEP™ - OUROBOROS

The inaugural token to leverage the DEEP™ Engine is the Demiourgos Main Token, OUROBOROS. Given OUROBOROS's existing autostaking mechanism, only 5% of its daily emission will be directed towards the Foreign Token Reward Program, as per the predefined design within its emission mechanics.

First Token that uses the DEEP™ with its standard features

The first token set to fully leverage the DEEP™ Engine Functionality, allocating 15% of its daily emission, is the ESTAR Token. Consequently, 5% of its daily emission will contribute to the Foreign Token Reward Program, while the remaining 10% will be allocated to establish the ESTAR VAULT™—a dedicated space for staking ESTAR Tokens.

Each ESTAR VAULT™, alongside all other VAULT™s, will receive 50 Primal Vesta daily rewards and 10% of the daily ESTAR emission.

DEEP™ Engine Functionality - Usage Steps

Once a certain Token has been approved by the Demiourgos Team for DEEP™ usage, the Token owner must initialize it as well for DEEP™ Engine Usage.

1) DEEP™ Usage initialization by the Token Owner.

When the Token Owner initializes its Token for DEEP™ Engine Usage, the Token is initialized with the following default parameters and Distribution Split, (which can be modified after initialization, except for the 15% yielded to the VAULTs):

• Ceiling, set at 25x its current supply by default.

• Emission Speed, set at 10000

• Distribution Targets:

  • 5% to the Foreign Token Reward Program (Token is added to the Blessed Vesta.VAULT™ and Chimeric Vesta VAULT™ as collectable reward)

  • 10% to the Foreign Token Vault (and this Vault is being initialized and created)

  • 85% to the PeerMe: DH Vault by default:[erd1qqqqqqqqqqqqqpgqkpcm6xqrsfr8gzlh7pdlc2d6gfvfe2j827rstr8jwd]

2) DEEP™ Usage Setting

Once the Token has been initialized in the DEEP™ Engine by the Token Owner, he is free to modify existing parameters Parameters.

• He can set the CEILING, to whatever value he needs, provided it is bigger compared to existing supply.

• He can set the EMISSION-SPEED choosing an integer between 100 and 100 million. Smaller Speed value means higher amounts will be generated daily, while higher Speed Values means lower amounts would be generated

• He can change or add new distribution targets, however only 85% of the remaining emission would be used for this, because 15% is already yielded to the Foreign Token Reward Program and its VAULT™. Therefore, he can add as many ERD Targets he wants, and set up their shares, however the setup shares will only be split from the 85% of emission left.

Perpetual Emission Mechanic

The Perpetual emission mechanism operates by establishing a CEILING—a theoretical limit on the token amount that can never be exceeded—and an EMISSION-SPEED. The DEEP™ calculates the daily emission using the following formula:

Daily Emission = (CEILING - Current Supply) / EMISSION-SPEED

This mechanism dynamically scales the Daily Token Emission based on these parameters and accommodates any additional burning mechanics the token may employ, as these would affect the current supply."

DEEP™ Engine Usage

In addition to the ESTAR Token, which is the first token to participate in the DEEP™, several other tokens are in line for DEEP™ usage, including Koson 2.0