Spartans, it's been a year since our TGE, you can find your 52w lockdrop LP on your wallets!🔥
It's the best day to unfold another chapter of our story:
⚔️SPARTA 3.0⚔️
🔥No Inflation! We're burning all unvested $SPARTA (+60% of supply)!
🏆Leaderboard!
💰New IDOs
Details👇
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🔥BURN🔥
We are Spartans, we have no fear 🛡️ Burning +60% of the supply is bold, but it is the only path to end inflation. How will this process look?
🟠 SpartaDEX is one of the few self-sustaining projects. That’s why we are burning the Team, Marketing, Development, and Operational pools.
🟠 As we have sold only 3.5% of $SPARTA in Angel and DAO Maker Rounds, we are free from investor pressure. Moreover, most of these pools have already been unlocked.
🟠 We’re also burning the remaining part of Ecosystem Rewards pool. Instead, SpartaDEX users will have a chance to compete for even better rewards thanks to the Leaderboard.
🟠 The only part that can't be burned is the remaining 0.35% of supply from the DAO Maker pool. Although it’s a tiny amount and distributed across many wallets.
🟠 The supply of $SPARTA is steadily decreasing due to the unstaking mechanisms. Users who choose a cooldown period shorter than 110 days are subject to up to a 50% commission, which is entirely burned.
This is the plan, but the final decision will be made through decentalized governance proposal to ensure Sparta Community agrees with it.
You will find the link in the comment below.
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🏆LEADERBOARD🏆
Being a warrior is a constant journey to becoming the best of the best ⚔️ Climb to the top of the Leaderboard and fight for the airdrop of Linea token!
🟡 The leaderboard will go live in the first half of August.
🟡 Earn points on the Leaderboard by adding LP, grinding the Senate level, using the DEX, and collecting NFTs! More details about the points system will be provided in one of future posts.
🟡 Moving on to the rewards: We, as SpartaDEX, are on our way to secure an airdrop from the Linea ecosystem. If successful, half of the awarded pool will be allocated as the main reward for the Leaderboard participants.
🟡 Moreover, for the last time, rewards in the form of staked $SPARTA tokens will be paid out from the surplus saved from the Marketing/Development pools.
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💰SPARTAPAD IDOs💰
🟤 During the last few weeks, our team has been working hard to secure new contacts, build strong business relationships, and establish a solid market presence.
🟤 Now, as we're slowly witnessing a return of positive sentiment in the market, our hustle has paid off, and you can expect the comeback of IDOs on SpartaPad!
🟤 Soon, we will start announcing the projects that will be featured with us in August! Stay tuned, Spartans!
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ℹ️ You can find detailed information in the new Medium post! The link is in the comments.
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The Troy Event, opening the chapter of SPARTA 3.0, will be extraordinary even on a global crypto scale! 🌐
Over the past year, SpartaDEX has become a thriving and profitable ecosystem, placing us in a position to take bold and radical actions improving the protocol’s economy.
For us Spartans, the well-being of our people and the long-term vision of success are of the utmost importance. That is why we tirelessly work to ensure that through our deeds and dedication, we ultimately achieve the glory of victory.
This is not over.
We are Sparta. We are here to stay ⚔️