Spartan Protocol

Spartan Protocol is a Protocol for enhancing liquidity and synthetic assets on the binance smart chain. Spartan supports 30 existing project tokens on the binance chain and aims to solve various problems arising from existing AMM protocols and synthetic assets. Spartan Protocol contains multiple sub-protocols, which form a matrix, including AMM exchange Protocol SpartanSwap, synthetic asset Protocol SpartanSynths, and lending Protocol SpartanLending. It also owns SpartanDAO, an autonomous organization, and SPARTA tokens, a network asset.

The Spartan protocol is made up of a group of anonymous developers. The Spartan community contributed greatly to the construction and iteration of the Spartan protocol. For SPARTA coin holders, SpartanDAO will give them the right to make important decisions that will appear in the agreement. Building on the strengths of Uniswap, THORChain, Synthetix, MakerDAO and Vader/Vether Protocol, Sparta will provide a complete integrated solution for synthetic assets, lending and liquidity. Since system governance will have various effects on the mortgaged assets, the Spartan agreement will not require much governance at the level of system parameter modification and contract upgrade.

SPARTA is different from other liquid mining projects, SPARTA is distributed on a Proof of Burn basis. SPARTA, as the underlying asset, liquidation asset and collateral asset of the entire agreement, needs to be supported by strong underlying value. SPARTA teams will not reserve any SPARTA tokens, and all tokens will be distributed to network participants once the main network goes live.