Attribute | Value |
---|---|
Ticker | SPARTA |
Website | https://spartanprotocol.org/ |
Consensus | Add |
Algorithm | Add |
Price | 1.52665 |
Trading Volume | 21752197.65013 |
Market Dominance | 0.0048 |
Market Capitalization | 98895785.11 |
Total Supply | 64808880.89452 |
Max Supply | 300,000,000 |
The Spartan Protocol is intended to provide incentives for deep capital formation in liquidity pools with safe and sustainable creation of synthetic assets. It claims to be the first major liquidity project on the Binance Smart Chain (BSC) which was chosen thanks to its near-instantaneous settlements and low gas fees. The Spartan Protocol is a liquidity protocol for asset exchange and synthetic asset generation on the BSC; its foundation are the liquidity pools similarly to Uniswap. Instead of a fixed-rate fee model it uses a liquidity-sensitive fee model.The Spartan Protocol uses elements of other well-established projects to create a platform that runs on the BSC instead of the Ethereum (ETH) network.