Sparta is not just a dex, but the whole ecosystem⚔️🛡️
And it's time to announce our 2nd product - SpartaPad, which gives huge utility to NFT holders and $SPARTA token!
Also, we've listened to our community and we'll implement minor changes to the tokenomics🧐
More info🧵👇
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SpartaPad - a launchpad on which you'll be able to grab an allocation in top #Arbitrum projects on the early stage is ready and being audited.
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Our new product gives huge utility to both Revealed Spartans NFTs and $SPARTA token holders.
Each fundraising will have a dedicated, pre-public round only for NFT holders and WL, where each of the NFTs will translate into a part in the allocation 🔥
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If you're a founder building a project on #Arbitrum, DM us and let's see if we could find you a place on our launchpad 🤝
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Now the equally important part - the minor update in the tokenomics.
After multiple suggestions from the community and having their best interest in mind, we've decided with Dao Maker to increase the TGE of the SHO up to 30%.
What does it mean and why does it benefit YOU?👇
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Here are just a few reasons:
> bigger hype across $DAO stakers due to better SHO conditions
> as SHO will end before lockdrop starts, more users will have their eyes on the lockdrop and may lock their liq
> more Xs at the start will bring loyal users who will 👇
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... play the game and spend $SPARTA on Gems, which will decrease the total supply thanks to the burning mechanism
There is one drawback, the initial circulating supply increases, but let's take a closer look at the numbers 🧐
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Let our intern calculate the initial circ. supply for you:
Lockdrop I: 6% x 50% = 3% = 3M
Lockdrop II: 1% x 100% = 1% = 1M
Airdrop: 2% x 50% = 1% = 1M
So, 5M of $SPARTA was meant to be available at the TGE, now let's add:
DAO SHO: 1% x 30% = 0.3% = 0.3M
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To sum up the numbers, the initial circ. supply will grow from 5.0% to 5.3%.
It's not much when compared to the huge advantages of this solution translating into long term success of SpartaDEX.
Remember that a part of the initial supply will be locked in Lockdrop II phase
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Let's summarize:
⚔️ Spartans NFTs holders will be rewarded not only with airdrop, but also with a dedicated pre-public round on each fundraising!
💪 Thanks to changes in the SHO, SpartaDEX will bring even more users and players to its ecosystem
Salute, Spartans 🫡
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What hides behind the mysterious 9% in our tokenomics that intrigued you so much? It's time to make it clear!🗡
These tokens are dedicated for YOU🤝
And we'll drop them in two ways ✌️
Spartans, let’s warmly welcome the Airdrop & Lockdrop of $SPARTA 🔥
Read for more details🧵
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The only two pools that will be partly unlocked at TGE and create initial circulating supply are those dedicated for our community 🔓
🪂Airdrop - a subject of all your recent discussions
🔒Lockdrop - an event that will precede the official launch
Let's break them down 🧩
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SpartaDEX Lockdrop 🔒
It’s a strategy of launching a DEX which goal is to kick-start the TVL (liquidity) by incentivizing those who will transfer and lock their LP in SpartaDEX 🛡⚔
What to do in order to take part in it and be rewarded with the $SPARTA tokens? 🤔