SpartanProtocol
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SpartanProtocol

  • This is the same address that Spartan Protocol used during its initial Proof of Burn distribution, where users could burn bridged BEP2 & other BEP20 assets in exchange for newly minted SPARTA (#BurnForSparta)

FallenSpartans

Why Now

With the fallenSpartans fund due to expire more than a month ago and the actual expiry finally being actioned today, a review of the token distribution progress is in order:

  • We see the protocol now reaching maturity with the V2 features all released and any future bonus features only serving to continue to bolster that fundamental strength.
  • We see ever-increasing swap volumes despite a fairly young and low TVL.
  • We see sufficient token distribution.
  • We see a community stepping up keenly; ready to contribute to the future of Sparta.
  • We see a deep Reserve, with enough runway to continue distributing incentives where they are needed.
  • We see a DAO not ready to confidently support more Bond allocations at this time, and no critical ‘need’ to continue the distribution phase of the SPARTA token. It’s already distributed.

What Next?

In short, the distribution phase is finally over, there is no more Bond, the only way to acquire Sparta will be:

  • Buying it on CEXs or DEXs (Good old fashioned buying)
  • Providing Liquidity in the pools (Dividends & Revenue)
  • Staking Curated LP tokens in the DaoVault (Harvest)
  • Forging Synths into the SynthVault (Harvest)
  • DAO grant proposal (from the Reserve as proposed & voted by the Community)

Onwards — Aroo! Aroo! Aroo!

Spartan contributors are continuing to work on multiple initiatives to both promote and enrich the protocol, by engaging with advertisers, aggregators, and other projects to spread the word.

Project Information

Official Links

Community Contribution

Spartan Protocol is at its core, a community-driven and led project. In this vein, the more contributors the better. There is a great opportunity for community members to contribute by making LP reward analysis tools, unique and different front-ends, and much more — reach out and let us know what you can do! If the community is strongly aligned with your proposals, grants may also be available.

Engage with the community and contributors

Where to find out about all the latest updates or suggest improvements — get involved.

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The Spartan Protocol incentivises the formation of capital in liquidity pools, such that they can be used for synthetic token generation, lending, derivatives and more.

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SpartanProtocol

SpartanProtocol

Incentivized liquidity and synthetic asset generation for Binance Smart Chain. https://SpartanProtocol.org

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