SpartanProtocol
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SpartanProtocol

SpartanDev: 21FEB22–27FEB22

The advantages of Spartan Protocol’s unique AMM are becoming more widespread with projects looking to create pools and integrate. Read on for the week’s news & dev updates.

Summary

The wider BSC/BNBChain ecosystem is beginning to understand the benefits of Spartan Protocol’s liquidity sensitive fees and use of a common settlement asset. Whilst the protocol was built to provide unique liquidity solutions for large-cap tokens, the benefits apply to tokens of all shapes and sizes, resulting in interest from projects launching or bridging to BSC to utilize the protocol to provide an efficient and sustainable liquidity source for all users.

Read up below on the new RAZE pool, the proposed UNT pool and much more happening throughout the week.

New RAZE Pool #OpenTheGates

As touched on towards the end of last week, the community listed a new pool for $RAZE. This pool almost instantly hit its 100K initial liquidity caps upon listing and required an #OpenTheGates from 100K to 200K.

Not long afterwards, Spartans had it filled up yet again and required another #OpenTheGates from 200K to 400K.

Welcome to the shield wall @R4ZE_Network
Raze helps provide a privacy layer over multiple chains.
The community launched a $RAZE : $SPARTA pool ~3 days ago, filling to its caps instantly.
Time to #OpenTheGates!
The pool has just #RazeTheCaps to 200K to let in more liquidity https://t.co/qsHiVE57b6

- Spartan Protocol (@SpartanProtocol) February 22, 2022

SPARTA:RAZE Pool Deepest Liquidity Source

The RAZE:SPARTA pool has been generating a lot of interest from #Razers & #Spartans due to the fact that the Spartan Protocol pools have no middleman or team taking a cut of the revenue produced by the pool. This means a higher yield for liquidity providers, especially when the pool gets deep enough to become a high-preference route for users swapping through the DApp or any connected aggregators.

As you can see above, the Spartan pool is now the largest holder of BEP20 $RAZE tokens (17%+ of total BSC supply) and is the deepest source of liquidity available for users on BSC. This means swappers are getting a better rate and therefore more revenue for the LPers.

When you realize the $RAZE pool on @SpartanProtocol is now the deepest liquidity source of $RAZE on @BNBCHAIN 🤯

This means the pool provides the best rate for #Razers on the @SpartanProtocol DApp, @1inch and other connected aggregators 🥇 https://t.co/RfMUgVv90m pic.twitter.com/x4OYKqzaKZ

- Ronni Rais (@ronnirais) February 23, 2022

CoinMarketLeague: Top Exchange Token

Spartan Protocol was in the top 10 for a number of CoinMarketLeagues again for the week, don’t forget to jump in and vote.

TOP10 most voted #Exchanges Tokens 🔥

🥇 $FIELD @yieldfields
🥈 $SPARTA @SpartanProtocol
🥉 $BE @Belon_io
4️⃣ $SWAP @safeswaponline
5️⃣ $CAKE @pancakeswap
6️⃣ $CET @coinexcom
7️⃣ $MNGO @mangomarkets
8️⃣ $FLM @FlamingoFinance
9️⃣ $QUICK @QuickswapDEX
🔟 $VIPER @VenomDAO

Week 7 🏆 pic.twitter.com/Wj5QMc2wLq

- CoinMarketLeague.com (@CML_Crypto) February 22, 2022

Friday #LearnToEarn Quiz Results

Our previous #FridayFor300 quiz results are in with 3 lucky winners to the question:

What fee model do the Spartan protocol pools utilize?

The correct answer was: Liquidity Sensitive Fees.

Read more about liquidity sensitive fees here.

💸Winners have been drawn!💸
The correct answer is: Liquidity Sensitive Fees

📚Read more about this unique fee model here: https://t.co/YFU8TpYV5j

🥳Congrats:@PeruThanh @ReidyPhillip @Ck57Cs3

Your $SPARTA prize is on its way to your wallet!#LearnToEarn #BNBChain https://t.co/PHfsRpQ6xB

- Spartan Protocol (@SpartanProtocol) February 24, 2022

Universe Finance Integration Proposal

Another project, Universe Finance, has expressed interest in creating a Spartan Protocol pool for the BEP20 version of their token $UNT. They proceeded to create a community proposal during the week to utilize Spartan Protocol as their primary DEX for BEP20 UNT, where they propose to help incentivize activity through the pool and collaborate with AMAs and other potential opportunities with the Spartan protocol community in the future.

The snapshot.org proposal ended on 26FEB2022 with 100% support reaching full consensus, follow them on Twitter to keep up with any updates there and in the meantime jump in for their upcoming AMA (see below) in our Telegram to learn more about Universe Finance.

📡 Dear Spacemen,

🪐 We wish to utilize the pools of @SpartanProtocol to bring high yields for $UNT holders

💡 Use $UNT to vote on starting a partnership with @SpartanProtocol

🦾 Let this fantastic platform be the primary DEX on the BSC side for $UNT https://t.co/JqimZ6mfob pic.twitter.com/PblDoFtJKK

- Universe Finance (@Universe_FIN) February 24, 2022

Universe Finance AMA

As a crypto user, it can be tough to keep up to date on all projects out there. With Universe Finance coming along, poised to join the shield wall, what better way to find out what they are all about and their plans for the future than kick-starting with an AMA in the Spartan Protocol Telegram channel.

Tune in to our Telegram channel to catch the AMA and get involved at 1 AM UTC on the 1st of March 2022.

✨Upcoming AMA✨
🚀With their proposal up for @Universe_FIN to create a $UNT : $SPARTA pool, we take the opportunity to discuss what they are all about and their future plans!

Date: 1st of March
Time: 1AM UTC
Place: https://t.co/JrDsjK7Mc4

🗣Jump in and ask some good questions! https://t.co/ovoFNsyEVP pic.twitter.com/I9e2LFMpuY

- Spartan Protocol (@SpartanProtocol) February 25, 2022

New Section in the Docs

The Docs had an update this week with the main new addition being some extended info in regard to creating a pool and the initialization phase that comes with it.

New Friday #LearnToEarn Quiz

There is a new #LearnToEarn quiz up and live for Spartans keen to learn more about the protocol and win some SPARTA in the process!

When a pool is in its 7-day ‘Initializing’ phase, what feature is not yet active?

Don’t forget to check the hint link in the Gleam task list if you aren’t sure, it links you directly to the docs where the answer is right in front of you, absorb the info and enter the comp!

As you can see, this quiz question is directly tied to some of the new information in the docs (see above news item) so make sure you read up on the new Docs section before entering!

#FridayFor300 Quiz #016⌚

“When a pool is in its 7-day ‘Initializing’ phase, what feature is not yet active?”

💸3 random correct answers win 100 $SPARTA each

✍Enter here: https://t.co/vKRB0VV3Jq#300SPARTA #LearnToEarn #BNBChain #DeFi @BNBCHAIN

- Spartan Protocol (@SpartanProtocol) February 25, 2022

Physical NFT Drum Giveaway LAST CHANCE

Our in-house chair-hater @ReidyPhillip (aka Thespis) & community rallying powerhouse has gone ahead and had a unique handmade drum made to give away to a lucky Spartan community member! Follow the Gleam.io link in the tweet to get involved, don’t hesitate though, this competition closes later today!

Some creativity & fun is recommended here in answering the tasks/questions, this drum is a massive prize and a huge symbol of Spartan pride & devotion. Show your alignment with Spartan Protocol by telling us what you love about it!

🏆Win a Limited Edition🏆
🥁 Physical #NFT Drum 🥁#BSC #Giveaway #BNB
1 Lucky winner from the @SpartanProtocol community
Thanks to @ReidyPhillip 🪑

Celebrating 2022 with a BANG🧨🥁🎇
🍒Randomly drawn
⏳Lasting just one month
👇Follow the link below https://t.co/7fwkLZcvVW

- Phillip Reidy (@ReidyPhillip) January 21, 2022

SpartAnalytics

Our community collates the public Spartan Protocol data into a PDF report each month covering Google Search (impressions, clicks, devices, keywords & geographical) & Twitter analytics. You can find the full January report here.

GitHub Activity — Spartan DApp

New Token Address Features

Thanks to our community Spartan Ronni for the suggested implementation of adding a much easier way of verifying the contract address of any tokens you are interacting with inside the DApp.

Whenever you are swapping tokens, adding/removing liquidity or forging/melting Synths, you will now see a short version of the token address beneath each selected asset with buttons to:

  • Copy the full token address to your clipboard
  • Open the token contract in BscScan

This shifts the trust to the DApp however, so as always, “Don’t trust, Verify” when interacting with the DApp and contracts.

To Do:

The next major item for the DApp will be to create a new branch with all stylesheets ripped out, starting by rebuilding the responsive structure of the major elements of the DApp using CSS-grid, then re-organising the file structure to make it a little more friendly, then begin building out a revamped theme/style for the react-bootstrap elements (light & dark modes)

GitHub Activity — Spartan Site

The final footer section was added in and styled up based on the mockup for the ‘xs’ view.

Final Changes for ‘xs’ Layout

A number of final small details were fine-tuned to get the ‘xs’ view closer to the mockup design, which brings us to GitHub Issue #71 now most likely being finalised in its fairly final draft stage. We should see contributors move on to a focus on the ‘sm’ view this week.

To Do:

GitHub Activity — Spartan Docs

CoinBase Wallet Info

Now that Coinbase Wallet is integrated in the DApp, it made sense to update the Docs and highlight where the wallet sits in the features chart for mobile & desktop browser versions. Check out the updated ‘Getting Started’ section here.

With the new Docs going live fairly recently and the structure getting to a finalised point. Time was taken to create a new sitemap and request Google to reindex and remove the old Docs links. Changing to the new Docs and removing the old indexed pages will result in a drop in all most/all SEO metrics in the SpartAnalytics reports, but is a short term hit on some unimportant metrics for a longer-term real-world gain.

Add DApp Features Section

Added a section for non-protocol (ie. DApp-specific) features in both the ‘ Liquidity’ page and ‘ Vaults’ page to move information like ‘how the DApp calculates the APY’ into a more accessible area for readers of the Docs.

With some new pools recently being launched by the community, it highlighted a lack of clarity in the Docs around what ‘Initializing Pool’ means. The opportunity was taken to not only update the ‘ Listing / Creating a Pool’ section, but also adding in a whole extra section for ‘ Initializing Pools’.

To Do:

Need help with all sections ranging from grammar/spelling to copy-content creation, graphics (need to make it more visually appealing now!), to video versions of the text guides (these would be great under each relevant section), text guides and so on.

Some GitHub tasks are setup here:

GitHub Activity — Spartan <> Bram NFTs

Completed, all that remains is distribution! Please be patient and allow the contributors time to work out how these NFTs will be distributed. In the meantime please check out Bram on Twitter and show your support!

To Do:

GitHub Activity — Spartan UI Library

This component library has taken a bit of a back seat for now with a focus on cleaning up the existing DApp repo instead of rushing this one. Contributors can come back to this & work towards the initial plan of making it a whole component UI library (for all community DApps, not just the current one) instead of the in-between phase that it was becoming (the partial work will shift from here to a branch on the DApp repo soon for the DApp-refresh phase to continue)

Hence the below to-do list is now pointing towards what was previously meant to be the ‘next stage’:

To Do:

GitHub Activity — Spartan Subgraph

No activity in the subgraph repo for the week.

GitHub Activity — Spartan Resources

No activity in this repo for the week.

GitHub Activity — Spartan Arena Contracts

No public Github activity on the NFT/Gaming contracts this week.

GitHub Activity — Spartan API

No public Github activity on the API this week.

GitHub Activity — Spartan Contracts

No public Github activity on the DeFi contracts this week.

Project Information

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, etc.

Recently, community members have been graciously funnelling in to contribute to explainer articles, ideas and even $SPARTA donations to support the growth of the platform.‌

Engage with the community and contributors

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

Originally published at https://blog.spartanprotocol.org on February 28, 2022.

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