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We study the ground state phase diagram of the Shastry-Sutherland model by using the variational optimization of the infinite tensor network states, and find a weakly first-order transition between the plaquette and the antiferromagnetic states. The full plaquette state strongly competes with the empty plaquette ground state, with an energy difference less than . We show a staggered ring exchange interaction that preserves the Shastry-Sutherland lattice symmetry can stabilize the full plaquette ground state. In light of this, we propose the triple point where the full plaquette, empty plaquette, and antiferromagnetic phases meet as a deconfined quantum critical point.

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