SPARTA Spartan Protocol

The Spartan Protocol is described to provide incentives to enable deep capital formation in liquidity pools, with safe and sustainable creation of synthetic assets. It claims to be the first major liquidity project on the Binance Smart Chain.

The protocol includes the following: SpartanSwap — an automated-market-maker (AMM) protocol with liquidity sensitive fees and a common settlement asset SpartanSynths — a mechanism for minting synthetic assets on Binance Smart Chain, anchored to strict and floating price feeds from other assets, needed to create derivatives and leverage SpartanLending — a mechanism to borrow or lend assets (both real and synthetic) SpartanDAO — a mechanism to govern the entire system and distribute protocol incentives SPARTA — a single fixed-supply network asset that coordinates participation and incentivises capital formation for synthetics and lending