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@AlpacaFinanceIntroducing our 47th Grazing Range Pool for #NFT and #Staking!Welcoming back @PlayMining_SG to the Herd!Stake your $ALPACA in the Governance Vault by 11.59PM UTC Mar 16th to be eligible for the NFT and first week rewards!https://medium.com/alpaca-finance/grazing-range-pool-47-welcoming-dep-to-the-herd-ab0e4cabc3c5… #DeFi #BNBChain #NFTFatpacaGrazing Range Pool #47 — Welcoming DEP to the herd!https://ift.tt/I0iAdbY alpacas,We senior alpacas are excited to welcome (back) our newest addition to the range — DEAPcoin.All you young alpacas will be able to earn $80k USD in DEP rewards by staking ALPACA in the governance vault, which will be distributed over 8 weeks. The pool will go live on Mar 17th, 2022. As usual for a Grazing Range pool, you will also have a chance to earn exclusive NFTs if you meet the staking criteria.A leveraged yield farming pool for DEP may be supported in the future if it meets the minimum liquidity requirements.🎁Grazing Range Reward DetailsTotal Rewards: 2,594,000 DEP (~$80k USD)DEP Token: 0xcaF5191fc480F43e4DF80106c7695ECA56E48B18Rewards Period: 8 weeksRewards Start Date: Mar 17th, 2022Rewards End Date: May 12th, 2022Distribution Schedule:Exclusive NFT Cards for Pool’s StakersTo be eligible, you must stake ALPACA in the governance vault during the first 4 weeks of the Grazing Range campaign starting from before March 17th 00.01 UTC until at least April 14th. The NFT tier you receive will be based on the amount of your xALPACA balance during that entire period. (Since xALPACA balance naturally decreases over time, make sure to watch yours)Green Tier: held at least 500 xALPACASilver Tier: held at least 5,000 xALPACAGold Tier: held at least 50,000 xALPACAAbout DEAPcoinDEAPcoin comes from DEA, a Singapore headquartered blockchain-based multimedia digital entertainment group that issues NFTs and develops its three original games, JobTribes, PlayMining Puzzle and Luck Farmer. They are a member of the Blockchain Gaming Association and provide GameFi service.With the traditional industrial network, DEA owns original IPs and content such as anime and manga drawn by more than 70 famous manga artists.🔒Security Scorecard on DEPHave the contracts been audited by professional auditing firms?Yes, we have been audited by CertiK. Please see the audit report here.What is the project’s inception date?The project was launched on the 15th of April, 2020.Has your project even been involved with a hack or exploit?No, we have never been hacked or exploited.What safety measures are in place to secure your protocols from centralization risk? What contracts are not under timelock? Who has multi-sig?Our main contracts are for the creation of our main tokens and the generation of NFTs. They do not need a timelock. The team controls the multi-sig of the account.Does your token have a maximum supply cap?Yes, DEP token’s maximum supply is 30,000,000,000 tokens. You can verify it here.Mint function. If Token does not have maximum supply, how is the mint function controlled?We do not have a mint function.Centralized treasury. If the protocol collects fees, where do they go and how are they controlled? Is there any kind of treasury or insurance fund under centralized control?We are not a DeFi project. All platform commissions will be sent directly to the owner’s wallet, which is a cold wallet.Migration Function. Is there a migration function in the code? Why is this there and how to control this function from making a malicious actionWe do not have a migration function.Upgradeable contracts. Are the contracts upgradeable? Why is this there and how to control this function from making a malicious action?Our smart contracts are not upgradeable.Third-party risk. What underlying external parties do your contracts rely on?BEP20 DEAPcoin (DEP) is supported by Anyswap network and is bridged from ERC20 via Anyswap crosschain bridge.Where are tokens currently listed?For CEXes, we are listed on Bittrex, Bitrue, Indodax, OKEx, DigiFinex, BitGlobalAs for DEXes, we are listed on Loopring, ApeSwap, Wault Finance, BabySwap, MDEXPlease briefly describe the utility of your tokens and all the relevant tokenomics (e.g., burn, staking, locking, etc.)DEAPcoin is used to purchase DEA-issued NFTs (ERC721 & BEP721 for public chain in this Autumn to Winter) that can be used within the games listed on playmining. The token is also used for voting as part of the project’s governance.The NFTs also serve as collectibles for fans of the famous issuing artists. DEA’s platform ultimately aims to protect the copyrights of individual artworks in the secondary market. A portion of the sales will be rewarded back to the original creators forever, which incentivizes them to further contribute their artworks to the NFT marketplace.The concept of distributing cryptocurrency to users can attract a large amount of users across the world to participate, and thereby help us build the DEP ecosystem.Does your token have any advanced mechanics such as deflationary/rebase/reflexive?Our token does not have such mechanics.Please share your project’s roadmapYou can find our roadmap here.What % of the token supply is/will be controlled by the teamThe team currently controls around 30%, but the amount will decrease to around 17%. For more details please refer to page 41 of this document.What % of the token supply is controlled by investors? What is the token distribution model?Currently around 3%. However, the majority of the amount is subject to 3 years of lock-up. For more details please see page 40 of this document.Please share the profile of key team membersPlease see here for the introduction of our project’s core members.What monitoring or controls do you have in place that could catch issues, halt functions, or delay attacks to protect assets?We have emergency stop and emergency withdraw functions.Do you have a bug bounty program in place/planned?We do not have a bug bounty program.Safety practices. Is there someone dedicated to security on the team? Does your git include your test/QA scripts? Describe your current IS/QA processes? Will you commit to auditing your code at least quarterly/semi-annually/annually and for major updates and releases?Yes, we will continue to invest and expand our team to ensure we can keep developing more game content and our NFT Marketplace. Our team includes many experienced engineers, based in Japan and Singapore, who help us strengthen the quality of our products. All the new features we launch will go through QAs. We also conduct security maintenance on our codes every week as part of our maintenance process.To learn more about DEAPcoin, you can visit their official communication channels:Website · Telegram · Twitter · Github · White Paper · Facebook
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