DeepBook 的 DEEP 代幣徹底改變了 DeFi 領域的機構流動性基礎設施

DeepBook 是 Sui 上的原生流動性層，推出了 DEEP 代幣以增強 Web3 流動性基礎設施。 DEEP 針對機構和交易者，透過激勵和治理功能促進批發流動性。透過實現基於權益的參與、基於交易量的費用和治理，DeepBook 將自己定位為 DeFi 生態系統中流動性的中心樞紐，促進金融產品創新。

DeepBook's DEEP Token: Revolutionizing Institutional Liquidity Infrastructure in DeFi

DeepBook 的 DEEP 代幣：徹底改變 DeFi 領域的機構流動性基礎設施

Amidst the burgeoning DeFi landscape, Sui's DeepBook emerges as a pivotal player, redefining the network's financial foundation through the introduction of its native token, DEEP. Tailored towards institutions and institutional traders, DeepBook's robust infrastructure and DEEP token synergistically create an unparalleled destination for DeFi applications to source liquidity.

在蓬勃發展的 DeFi 領域，Sui 的 DeepBook 成為關鍵參與者，透過引入其原生代幣 DEEP 重新定義了網路的金融基礎。 DeepBook 強大的基礎設施和 DEEP 代幣專為機構和機構交易者量身定制，協同為 DeFi 應用程式創造了一個無與倫比的流動性來源目的地。

Unveiling the DEEP Token: Empowering Institutions

推出 DEEP 代幣：為機構賦能

The DEEP token boasts an array of distinctive features designed to incentivize market makers and empower liquidity providers. To harness these functionalities, users must meet specific DeepBook pool staking requirements. By pledging their DEEP tokens, users not only gain access to exclusive benefits but also participate in the governance of their respective pools.

DEEP 代幣擁有一系列獨特的功能，旨在激勵做市商並增強流動性提供者的能力。為了利用這些功能，使用者必須滿足特定的 DeepBook 池質押要求。透過質押他們的 DEEP 代幣，用戶不僅可以獲得專屬福利，還可以參與各自礦池的治理。

Empowering Professional Traders, Unleashing DeFi Innovation

賦予專業交易者，釋放 DeFi 創新

DeepBook's pools seamlessly integrate with professional traders and DeFi protocols, leveraging its fully on-chain central limit order book architecture to facilitate advanced trading capabilities. Users can not only execute market orders but also place limit orders, enabling sophisticated trading strategies. DeepBook provides a practical framework for DeFi, unlocking liquidity and fostering financial product innovation.

DeepBook 的礦池與專業交易者和 DeFi 協議無縫集成，利用其完全鏈上的中央限價訂單簿架構來促進高級交易功能。用戶不僅可以執行市價單，還可以下限價單，實現複雜的交易策略。 DeepBook 為 DeFi 提供了一個實用的框架，釋放流動性並促進金融產品創新。

DEEP Design: Cultivating Wholesale Liquidity

深度設計：培養批發流動性

The DEEP token's ingenious design fosters collaboration among DeepBook's diverse participants, encouraging them to maintain ample liquidity around the clock. This, in turn, bolsters DeepBook's fundamental liquidity for DeFi protocols, a feature specifically targeted towards institutional users.

DEEP 代幣的巧妙設計促進了 DeepBook 多元化參與者之間的協作，鼓勵他們全天候保持充足的流動性。這反過來又增強了 DeepBook 的 DeFi 協定的基本流動性，這是一項專門針對機構用戶的功能。

Volume-Based Fees: Rewarding Active Participants

基於數量的費用：獎勵活躍參與者

While DeepBook welcomes traders of all levels, it imposes tiered fees based on trading activity. This enables institutional traders, DeFi protocols, and other active participants to enjoy lower fees, unlike casual traders who typically pay higher fees and often rely on brokers or DeFi protocols.

雖然 DeepBook 歡迎各個級別的交易者，但它根據交易活動收取分級費用。這使得機構交易者、DeFi 協議和其他活躍參與者能夠享受較低的費用，而不像休閒交易者通常支付更高的費用並經常依賴經紀人或 DeFi 協議。

Maker Incentives: Encouraging Liquidity Provision

Maker 激勵：鼓勵流動性供應

DeepBook further incentivizes liquidity providers, known as makers, with additional DEEP token-denominated rewards, effectively increasing the overall liquidity supplied during specific epochs. This mechanism ensures DeepBook maintains a consistent depth of liquidity, even during periods of low trading activity.

DeepBook 透過額外的 DEEP 代幣計價獎勵進一步激勵流動性提供者（即製造商），有效增加特定時期內供應的整體流動性。這種機制確保 DeepBook 即使在交易活動較低的期間也能保持一致的流動性深度。

Stake-Based Participation: Fostering Engagement

基於權益的參與：促進參與

To qualify for discounted fees and maker incentives, traders must stake a minimum amount of DEEP tokens in the pool both upfront and throughout the epoch. This requirement not only underscores DeepBook's focus on wholesale liquidity but also eliminates the possibility of rewards for inactive stakers.

為了獲得折扣費用和製造商激勵的資格，交易者必須在前期和整個時期內將最低數量的 DEEP 代幣投入池中。這項要求不僅強調了 DeepBook 對批發流動性的關注，而且消除了不活躍的質押者獲得獎勵的可能性。

Stake-Based Governance: Empowering Pool Stakeholders

基於權益的治理：為權益池利害關係人賦權

Uniquely, each pool's governance is managed by its stakeholders. Pool stakeholders collectively determine fee structures and maker incentives, with governance rights proportional to stake weights. DeepBook's measures prevent governance capture by delimiting the parameters used to define rules. While traders can vote for lower fees, such a vote applies to all fee schedules, precluding the creation of preferential fee structures.

獨特的是，每個池的治理均由其利害關係人管理。礦池利害關係人共同決定費用結構和創客激勵，治理權利與股權權重成正比。 DeepBook 的措施透過界定用於定義規則的參數來防止治理擷取。雖然交易者可以投票支持較低的費用，但這種投票適用於所有費用表，從而排除了優惠費用結構的創建。

Additionally, stake quantities exceeding specified thresholds result in diminishing governance rights, ensuring that smaller traders retain their voice in the system. This ensures a balanced and inclusive governance model.

此外，股權數量超過指定門檻會導致治理權利減少，從而確保較小的交易者在系統中保留自己的發言權。這確保了平衡和包容的治理模式。

Conclusion: DeepBook's DEEP Token Transforming DeFi Liquidity

結論：DeepBook 的 DEEP 代幣改變了 DeFi 流動性

DeepBook's DEEP token is a transformative force in the DeFi landscape, providing institutional liquidity providers with a robust and feature-rich platform. Its volume-based fees, maker incentives, stake-based participation, and governance model foster a collaborative environment, ensuring ample liquidity and empowering professional traders. As DeepBook continues to evolve, the DEEP token will undoubtedly play a pivotal role in shaping the future of DeFi liquidity and financial innovation.

DeepBook 的 DEEP 代幣是 DeFi 領域的變革力量，為機構流動性提供者提供強大且功能豐富的平台。其基於交易量的費用、製造商激勵、基於股權的參與和治理模式創造了一個協作環境，確保充足的流動性並賦予專業交易者權力。隨著 DeepBook 的不斷發展，DEEP 代幣無疑將在塑造 DeFi 流動性和金融創新的未來方面發揮關鍵作用。