SpartanDEV: 20DEC21–26DEC21
Tags: Buidl, Sparta, Defi, Binance, Bsc

Seasons Greetings

Hope you all have had a wonderful holiday season spent with those that matter to you. It’s truely been a ‘year’ & I am sure we all have a greater appreciation for those moments and memories than we have had in the past.

New partnerships & collaborations

57M+ SPARTA burned permanently out of the supply

Token distribution phase ending

FallenSpartans fund retired/expired

Protocol (DEX) all-time highs!

Exchange (CEX) all-time highs!

Twitter all-time highs!

And more! No rest for the warriors of Sparta, read on:

Moonlight News

Our recent partnership with Moonlight & their unique tool ‘BubbleMaps’ has kicked off with our community leader Thespis jumping into an AMA with Moonlight’s community this week.

We also breached their top 10 list for most used Bubblemaps:

Also dont forget to have a look at the SPARTA Bubblemap here:

Bubble Maps | by Moonlight

Shape a unique perspective of BSC tokens.

by Moonlight

Phase 2 of $SPARTA Burns — Complete

Massive news this week, with a grand total of 57,480,300 tokens (over 37% of the current total supply) sent to the 0x0..DEAD address closing out the token distribution phase of the project after a very long road!

This brings some major changes to the tokenomics of the project, and as seen by the token price movements following the big burn event, the Spartans consider it to be a very positive step for the project. Please read more about the big burn and it’s effect on us all here

And join the convo on Twitter here:

Fallen Spartans Closed

Coinciding with the big burns and closure of the token distribution phase of the project, the remaining SPARTA in the FallenSpartans contract has now been expired too (a month or two after the due expiry date to give more time for Spartans to claim). The remaining $SPARTA has been transferred to the reserve and removed from the circulating supply.

Please note this has nothing to do with the ‘upgrade’ function of V1 token holders to V2 tokens. This remains open with no expiry date at this time.

V1 tokens holders can still upgrade to V2 via the DApp! No expiry date!

DEX All-Time-Highs

An exciting few days at the end of last week where we saw All-Time-High values for almost every protocol metric we can think of!

The contributors are truly excited that protocol activity is increasing across all metrics & with general growth/integration building up. The protocol was built for the community so it is rewarding to see that dream come to fruition.

CEX All-Time-Highs

The centralised exchanges didn’t miss out on the action either, flippening even LUNA’s massive volume on Binance as seen below! Crazy stuff! Ongoing volume like this is what we need to see if we want to work towards a stablecoin pairing on Binance.

Mainnet Global Safety Tests

The large run-up in price triggered inbuilt systems that paused value extraction methods within the protocol (automated and as expected; without centralised reliance). The swaps remained active, allowing arbs to come in and balance pools. As Spartans have learned, arbitrage & time are crucial aspects of a balanced pool, critical in keeping the pools in a ‘safe’ state.

The intent of this and other similar features is to prevent nefarious value extractions from the protocol. Sometimes false positives occur such as large run-up in value as seen recently, this was totally expected and discussed as a community during the building and testnet testing processes. Amazing to see these safety features triggered and acting perfectly (and the community actioning the public function to re-enable value extraction features once pools were rebalanced)

Read more below:

Twitter Followers

Another ATH for the protocol is seeing 20,000 warriors join the Twitter shield wall. Let them hear our voice…

Aroo..Aroo..Aroo (Yes… 300 is our Christmas Movie!)

#FridayFor300 Quiz

The weekly quizzes have continued to be a nice little community boost at the end of each week, with many happy Spartans learning and earning along the way.

This week’s quiz question:

“Name 3 cool things currently being worked on by Spartan community contributors”

Follow the tweet link below to see the hint and get involved!

SecondLive Metaverse Promotion

With the recent grant to the community wallet supporting promotional/marketing activity, we were presented with an opportunity to join in on a Binance Smart Chain ecosystem promotion that we otherwise would not have had the capital to be apart of.

Tune in between January 6th and 12th to join in the holiday festivities in the Metaverse with Spartan Protocol, SecondLive & many other BSC projects as many token, NFT & knowledge gifts are handed out in true festive fashion!

Community Xmas Caption Competition

As always, the community suprises with their passion and devotion, and this Xmas caption contest is no exception. Big thanks for EvilMessiah & SpartanNinja for setting this one up to celebrate the holiday season as a community.

Spartan Socials — Twitter

Community Tweet of the Week:‌

SpartanSocials — Telegram‌