Details about Spartan Protocol cryptocurrency
€798,437 ( -4.68772%)
€26,834
99,021,692
98,793,839
42.674
Unknown
https://spartanprotocol.org
@SpartanProtocol
https://www.reddit.com
1479350x
€11950.7
Spartan Protocol price charts
SPARTA exchanges
Spartan Protocol, the crypto
Spartan Protocol (SPARTA) is a decentralized liquidity platform that uses smart contracts to create synthetic assets called Spartans. It is built on the Binance Smart Chain and allows users to swap, add liquidity, and earn rewards on their deposited assets.
The point
The main point of Spartan Protocol (SPARTA) is to provide a high-yield liquidity solution that is decentralized, transparent, and accessible to anyone with an internet connection. It aims to create a reliable and sustainable tokenomics structure that benefits all users and encourages long-term participation.
The problem
Spartan Protocol (SPARTA) tries to solve the problem of impermanent loss, which is a loss of profit that occurs when liquidity providers supply funds to a liquidity pool and the market price of the token changes. It seeks to eliminate this risk by using an algorithmic approach to maintain the peg between the Spartans and their underlying assets. Additionally, it aims to make DeFi more accessible and user-friendly by simplifying the process of adding liquidity and earning rewards.
Compare SPARTA and BTC performance
| Timeframe | SPARTA | BTC |
|---|---|---|
| 1h change | -2.39378 % | -0.234911 % |
| 24h change | -5.09 % | 1.25967 % |
| 7 day change | -1.9 % | -1.44157 % |
| 14 day change | -14.09 % | -9.47799 % |
| 30 day change | -17.74 % | -7.33786 % |
| 200 day change | 34.47 % | 129.168 % |
| Year change | -21.96 % | 129.33 % |