SPARTA Spartan Protocol
Source: SPARTAUSD Chart by TradingView
Spartan Protocol Background
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
Spartan Protocol News
VAST Completes Private Investment Round as it Readies to Launch First-Ever EngageFi™ NFT Platform
Miami, United States, 4th March, 2022, Chainwire — Early Investors include Huobi, the World’s Leading Bitcoin and Ethereum Platform, GHAF Capital, and Polygon Studios.
DeFi thrives on Binance Smart Chain as users flee exorbitant ETH fees
The prices and market capitalization of tokens in the Binance Smart Chain (BSC) ecosystem are booming as the whole sector is up 135% over the past week, according to CryptoSlate’s data.
Spartan Protocol Intelligence
Spartan Protocol Exchanges
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