Spartan Protocol

The Spartan protocol refers to the Decentralized Finance Platform (Defi). It was created and managed by a community built on the Binance Smart Chain (BSC) platform. Spartan allows you to earn income. Creates synthetic assets for storage. Pays special attention to synthetic assets and stimulated pools.

The analogues of this project are Uniswap on the Ethereum (ETH) network and Thorchain. The appearance of these functions on BSC allowed the use of low trafics on BSC. It has also become possible to use fast calculations.

Who Are the Founders of Spartan Protocol?

Thanks to the well-coordinated work of various communities from BSC, who sought to create a decentralized education and community. There was such a protocol as Spartan. When creating the Spartan Protocol, all SPARTA tokens were acquired as a result of an honest process, selected BEP2 bridge tokens when verifying the correctness of the launch. Due to this, there was no situation that part of the tokens belonged to the creator or the treasury. At the same time, each holder of this token has the right to vote thanks to the DAO management system.

What Makes Spartan Protocol Unique?

Spartan represents stimulated payments, all this is facilitated by automated algorithms of the market maker (AMM). Commissions here depend on liquidity. The AMM algorithm provides transparency while reducing slippage and latency caused by human intervention/manipulation. The system always correctly determines the value of tokens, due to the commission sensitive to liquidity. All this leads to sustainable growth. When using synthesizers, the base pools increase, resulting in high APYS.

The Spartan protocol uses synthetic assets. This unique system allows users to take long or short positions in different markets, without necessarily owning a specific asset. Synthetic assets are generated through the use of price bindings offered by the Spartan protocol liquidity pools, all this is provided by the liquidity pool. Positions will always scale depending on the depth of liquidity. Leveraged spirals will be prevented. Which are often found in such systems.

Thanks to the Spartan DAO mechanism, the entire ecosystem is managed and protocol incentives are distributed.

How Is the Spartan Protocol Network Secured?

The Spartan protocol is based on the Binance smart chain, a virtual machine-compatible blockchain with delegated proof of stake (DPoS) with fast blocking time and an emphasis on decentralization.