A quick summary of Spartan protocol's main points

Spartan Protocol is a liquidity pool protocol allowing token-agnostic liquidity. Traders can swap between tokens at arbitrarily low fees, but a liquidity-sensitive fee maximises revenues for LPs

The Basics

A group of motivated Binance Community members saw the opportunity to develop a liquidity pool platform that takes advantage of the superior qualities of the Binance Smart Chain ecosystem. A platform for the community with equal access and participation by all.

Core points about the ethos of the project:

  • The project is created by the community, for the community

  • Individual token holders destroy their previous assets to acquire $SPARTA through Proof-of-Burn

  • 30 Binance Chain projects selected to participate - with the intent to drive forward the adoption of Binance Smart Chain and to grow the Binance Chain ecosystem

  • The project starts as decentralised as possible and continues to further distribute as time goes on

  • The Protocol strives towards being completely autonomous with no requirement for ongoing maintenance

The Spartan Protocol can also facilitate the following features:

  • Synthetic Token Generation using liquidity pool shares

  • Lending markets using a flexible peg-out of low-use pool capital

  • Derivatives by winding up synthetic token generation in multiple runs

With synthetics and lending contracts, Spartan Protocol has combined many varied and popular aspects of the De-Fi landscape. We are utilising the best parts of other prominent and very successful protocols such as UniSwap, Thorchain, Synthetix, MakerDAO, and Vader/Vether Protocol.

The future of DeFi is right before your eyes.

Binance Smart Chain

A bet on the future economic value of the Binance DeFi Ecosystem

Head over to the Binance Knowledge Base to learn more about the features and improvements