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Spartan Protocol Liquidity Pools — a deep dive

Spartan Protocol Liquidity Pools — a deep dive

Spartan Protocol is designed to allow Users to collateralise their positions in the Spartan Liquidity Pools for the purpose of Synthetic…

Spartan Protocol is designed to allow Users to collateralise their positions in the Spartan Liquidity Pools for the purpose of Synthetic Asset Generation, Lending and Derivatives — but what exactly is happening with the Pools while these exciting developments are worked on?

Let’s take a deep dive:

Base Asset: SPARTA

SPARTAN PROTOCOL TOKEN (SPARTA) Token Tracker | BscScan
SPARTAN PROTOCOL TOKEN (SPARTA) Token Tracker on BscScan shows the price of the Token $0.1839, total supply…bscscan.com

Here is the Spartan Protocol Contract address. At timeof writing, the specific details are below:

  • 58.2M SPARTA Minted
  • 47.98M SPARTA in Circulation, with 10.223M SPARTA locked in Bond+Mint Contracts
  • 4.013M SPARTA in the Binance Hot Wallet
  • 2,490 SPARTA Holders

Liquidity Pools:

BNB:SPARTA

Contract Address 0x3de669c4f1f167a8afbc9993e4753b84b576426f | BscScan
The Contract Address 0x3de669c4f1f167a8afbc9993e4753b84b576426f page allows users to view the source code…bscscan.com

TVL: $2.111M | BNB: 31,441 | SPARTA: 5,758,212

The BNB:SPARTA Pool is the deepest pool active on Spartan Protocol. Below is the liquidity breakdown, with a very healthy percentage of the liquidity tokens (over 80%) being locked into the protocol for an extended period of time.

  • 46.89% Liquidity is Locked 🔒 in Bond V3, and being vested out to Holders over a 12 month period
  • 36.45% Liquidity is Locked 🔒 in Bond V2, and being vested out to Holders over a 12 month period
  • 14.92% Liquidity remains Staked in the DAO
  • 1.74% Liquidity remains in User Wallets

BTCB:SPARTA

TVL: $174K | BTCB: 3.7544 | SPARTA: 469,735

Contract Address 0x86320acc1169e5a61a8b365aaba0f8ebadc872e0 | BscScan
The Contract Address 0x86320acc1169e5a61a8b365aaba0f8ebadc872e0 page allows users to view the source code…bscscan.com

The BTCB:SPARTA Pool is one of the most recent pools to be activated for Bond+Mint. It has a very high percentage of Liquidity locked and being vested over a 12 month period, with the transaction count slowly increasing as more arbitragers take advantage of recent significant price movements and opportunities in the Pools.

  • 93.93% Liquidity is Locked 🔒 in Bond V3, and being vested out to Holders over a 12 month period
  • 5.97% Liquidity remains Staked in the DAO
  • 0.1% Liquidity remains in User Wallets

RAVEN:SPARTA

TVL: $93.8K | RAVEN: 78,805,467| SPARTA: 269,238

Contract Address 0x59742a38d802670449534f3c8b2d8bc077021d8d | BscScan
The Contract Address 0x59742a38d802670449534f3c8b2d8bc077021d8d page allows users to view the source code…bscscan.com

Raven Protocol are one of the initial Shield Wall #BurnForSPARTA partners of Spartan Protocol, and strong supporters of Spartan Protocol. The RAVEN:SPARTA Pool is 100% Staked in the DAO.

  • 100.00% Liquidity is Staked in the DAO

Stablecoin Pools

The next two Pools are for the stablecoins USDT and BUSD. As pools that are open to Bond+Mint V3, and with increased interest for users in Liquidity Pools wishing to pair with stablecoins to help reduce the potential impact of price movement on one side of the pair, the results here are quite interesting.

BUSD:SPARTA

TVL: $97.6K | BUSD: 49,358 | SPARTA: 261,722

SpartanPoolV1-BUSD Token (SPT1-BUSD) Token Tracker | BscScan
SpartanPoolV1-BUSD Token (SPT1-BUSD) Token Tracker on BscScan shows the price of the Token $0.0000, total supply…bscscan.com

The BUSD:SPARTA liquidity is mostly locked into the DAO, with an increasing volume of locked liquidity appearing in Bond V3.

  • 73.45% Liquidity remains Staked in the DAO
  • 26.50% Liquidity is Locked 🔒 in Bond V3, and being vested out to Holders over a 12 month period
  • 0.05% Liquidity remains in User Wallets

USDT:SPARTA

TVL: $37.8K | USDT: 49,358 | SPARTA: 261,722

SpartanPoolV1-Tether USD (SPT1-USDT) Token Tracker | BscScan
SpartanPoolV1-Tether USD (SPT1-USDT) Token Tracker on BscScan shows the price of the Token $0.0000, total supply…bscscan.com

The USDT:SPARTA is an interesting pool, with just the one wallet holder outside of the DAO and Bond V3 holding the majority of the liquidity tokens, and therefore receiving over half of the Swap Fees and Yield Injections delivered to this pool.

  • 55.84% Liquidity exists in Wallet 0xec142e3…3616E4
  • 26.78% Liquidity remains Staked in the DAO
  • 17.38% Liquidity is Locked 🔒 in Bond V3, and being vested out to Holders over a 12 month period

Community Contribution

SpartanProtocol at is at its core a community project. In this vein, the more contributors the better. There is a great opportunity for community members to contribute in all facets of the project from development to community guides/tools.

If you have an idea, share it in the community channels.

Engage with the community and developers

Where to find out about all the latest updates or suggest improvements — get involved.