Demeter update: DEO Live price, price chart, news and markets

Discover Demeter: The First Airdrop Token on the SORA Network

Ceres, the groundbreaking project on the SORA network, is dedicated to developing DeFi services and utilities for projects on the network and tokens on Polkaswap. Among its offerings, Ceres holders have the opportunity to receive three airdrop tokens: Demeter, Hermes, and Apollo. Each of these tokens will have its own dedicated platform with unique functionalities. The fees generated from these platforms will be utilized for burning and other ecosystem purposes.

The Demeter Farming Platform: Unlocking New Possibilities

Demeter (DEO), the pioneer airdrop token, comes with its own platform known as the Demeter Farming Platform. This platform enables users to engage in farming across multiple pools using the same LPs (liquidity providers). In contrast to smart contracts on other networks like ERC-20 and BSC, liquidity providers in Demeter Farming pools will continue to receive PSWAP rewards as before, as they will not be required to provide their liquidity to the platform. The Demeter Farming Platform not only benefits users who wish to maximize the value of their tokens, but it also offers a unique Farming-as-a-Service feature that allows other projects to create farming opportunities for their tokens without the necessity of coding.

Moreover, the Demeter (DEO) token will introduce the first Play-to-Earn game on SORA - DEO Arena. Users will be able to employ DEO tokens to participate in this thrilling game and earn rewards in the process.