SpartaDEX (SPARTA)

SpartaDEX is a combination of real-time strategy game set in the realities of ancient Greece and a decentralized cryptocurrency exchange. We called it a gamified DEX.

Whitepaper

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Interest lvl

NA

Updated: Jun 28, 2023

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User Rating

Medium

3/5 • 1 votes

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Ticker

SPARTA

Type

Utility-token

Registration year2023

Launchpads

Daomaker

What is SpartaDEX

In SpartaDEX, each user mints a free NFT of an ancient Greek city - Polis and develops it to maximize their yield from provided LP. To start upgrading their Polis, gather resources, and build armies, users add a minimum of $100 of liquidity into one of the whitelisted pools.

The development of each Polis with all the achievements is being saved in the NFT, making highly developed settlements more valuable and desirable on the secondary market. What is more, the higher the level of a Polis’ Senate, the higher APR from staking LP a user receives.

All the users, projects, and the DEX itself are protected from unstable liquidity by Surrender Tax - an innovative concept aimed at building stable and deeper liquidity over time. Users are subject to cooldown periods when withdrawing liquidity with the fees assigned (as presented below). 100% of the fees go to increasing the liquidity of a given project and are being locked forever.

SpartaDEX is a multichain protocol that will initially operate on the Arbitrum blockchain.