# DEER PROTOCOL

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Deer Protocol is a decentralized finance (DeFi) protocol based on the Bsc smart chain. The platform is based on the ERC-20 DEER token, which has a total supply of 250,000 and is burned monthly for one year to control token inflation.

Deer Protocol offers a wide range of features and functionality, including a project launch pad, a DEER staking system with 15% annual APY, a USDT staking system, and an exclusive launchpad for DEER holders. Listing the DEER token on SushiSwap and listing on cryptocurrency price tracking platforms such as CoinGecko and CoinMarketCap are just a few of the ways Deer Protocol is increasing its visibility and appeal to users.

Deer Protocol runs on the Bsc smart chain and uses smart contracts to manage the functionality of the platform. Smart contracts are written in Solidity, the Ethereum programming language. The protocol also uses price oracles to provide real-time information on the prices of the underlying assets.

{% embed url="<https://app.deerprotocol.io/>" %}
