Have you heard about 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫?
A lot of projects have been trying to build something like this lately
In this thread I'll be talking about the first 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫 that ever existed
@Spartadex_io 🧵🪡
A lot of projects have been trying to build something like this lately
In this thread I'll be talking about the first 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫 that ever existed
@Spartadex_io 🧵🪡
In this thread I'll be covering:
➟ What is @Spartadex_io
➟ Their Goal
➟ Gamified DEX
➟ Tokenomics
➟ Conclusion
➟ What is @Spartadex_io
➟ Their Goal
➟ Gamified DEX
➟ Tokenomics
➟ Conclusion
➟ What is @Spartadex_io
The SpartaDEX is a hybrid of a decentralized cryptocurrency exchange and a real-time strategy game set in the world of ancient Greece.
IT IS CALLED 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫
The SpartaDEX is a hybrid of a decentralized cryptocurrency exchange and a real-time strategy game set in the world of ancient Greece.
IT IS CALLED 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫
The primary goal is to give the exchange the kind of user interaction that gamers are accustomed to from video games, which fosters loyalty and reliability in supplying liquidity.
@Spartadex_io is one of the first unique project to have a DEX and a real time game.
A game and a DEX together
𝗚𝗥𝗘𝗔𝗧 𝗜𝗡𝗡𝗢𝗩𝗔𝗧𝗜𝗢𝗡!
A game and a DEX together
𝗚𝗥𝗘𝗔𝗧 𝗜𝗡𝗡𝗢𝗩𝗔𝗧𝗜𝗢𝗡!
➟ Their Goals
Every project has a purpose of being invented
@Spartadex_io has a lot of goals for creating a 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫
Every project has a purpose of being invented
@Spartadex_io has a lot of goals for creating a 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫
These are their few goals
◈ Create a decentralized exchange with an attractive, user-friendly UI;
◈ The "Dual Rewards" concept gives liquidity providers of specific pools the chance to receive tokens from other projects;
◈ Create a decentralized exchange with an attractive, user-friendly UI;
◈ The "Dual Rewards" concept gives liquidity providers of specific pools the chance to receive tokens from other projects;
◈ Promote and facilitate the launch of new, promising projects;
◈ Create a game layer for building a devoted and lucrative community for the decentralized exchange;
@Spartadex_io has many goals but I have to stop here let's understand the concept of 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫
◈ Create a game layer for building a devoted and lucrative community for the decentralized exchange;
@Spartadex_io has many goals but I have to stop here let's understand the concept of 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫
➟ GAMIFIED DEX
FINALLY we are here
Most of us haven't heard of Gamified DEX while some of us that have heard of it don't really understand the concept
You are lucky to be reading this cus I'm about to break it down.
FINALLY we are here
Most of us haven't heard of Gamified DEX while some of us that have heard of it don't really understand the concept
You are lucky to be reading this cus I'm about to break it down.
𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫 is an uncommon combination of a decentralized exchange housed inside a strategy game's user interface
In a layman's terms 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫 is a decentralized exchange combined with a game.
In a layman's terms 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫 is a decentralized exchange combined with a game.
Despite not appearing to have anything in common, these two parts ( DEX and Game) work in perfect harmony and complement each other when correctly applied and outfitted with a variety of carefully considered mechanisms.
Making a game-based interface helps to lessen or offset their impact in regions where regular DEXs don't fully work well.
The gaming layer also gains from this fusion because the introduction of financial mechanisms provides players with an additional incentive to get emotionally invested in the game.
◈ Benefits for DEX:
Ensuring increased user (player) engagement and loyalty, which leads into more consistent liquidity;
Easier onboarding of new users thanks to friendly UX/UI;
Ensuring increased user (player) engagement and loyalty, which leads into more consistent liquidity;
Easier onboarding of new users thanks to friendly UX/UI;
◈ Benefits for the game:
the introduction of an actual and verifiable game objective (APR growth); the capacity to pay participants;
the introduction of an actual and verifiable game objective (APR growth); the capacity to pay participants;
Loyalty Minting: Your time and effort invested in the game aren't wasted; instead, they're monetized in the form of NFT, whose worth rises as you level up;
I hope you understood the concept of 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫
Good! Let's move to the next phase
I hope you understood the concept of 𝗚𝗔𝗠𝗜𝗙𝗜𝗘𝗗 𝗗𝗘𝗫
Good! Let's move to the next phase
➟ Tokenomics
SPARTA tokens are distributed as following:
◈ 50% - Ecosystem rewards (total 72m linear vesting with halving mechanism)
◈ 13% - Team (6m cliff + 18m linear vesting)
SPARTA tokens are distributed as following:
◈ 50% - Ecosystem rewards (total 72m linear vesting with halving mechanism)
◈ 13% - Team (6m cliff + 18m linear vesting)
◈ 2% - Advisors (6m cliff + 18m linear vesting)
◈ 8% - DAO* (locked)
◈ 7,5% - Development (24m linear vesting)
◈ 4,5% - Marketing (24m linear vesting)
◈ 2,5% - Angel Round (24m linear vesting)
◈ 1% - DAO maker sale (30% TGE + 24m linear vesting)
◈ 8% - DAO* (locked)
◈ 7,5% - Development (24m linear vesting)
◈ 4,5% - Marketing (24m linear vesting)
◈ 2,5% - Angel Round (24m linear vesting)
◈ 1% - DAO maker sale (30% TGE + 24m linear vesting)
◈ 2,5% - Operational (24m linear vesting)
◈ 7% - Lockdrop (50%TGE + 6m linear vesting)
◈ 2% - Airdrop (50%TGE + 3m linear vesting)
◈ 7% - Lockdrop (50%TGE + 6m linear vesting)
◈ 2% - Airdrop (50%TGE + 3m linear vesting)
Check out this thread written by @Spartadex_io if you want understand the tokenomics
➟ Conclusion
In conclusion @Spartadex_io is amazing project with a lot of features
For more information about @Spartadex_io kindly visit her
@Spartadex_io is taking 𝗚𝗮𝗺𝗲𝗳𝗶𝗲𝗱 𝗗𝗘𝗫 to the next level and I hope to see more
In conclusion @Spartadex_io is amazing project with a lot of features
For more information about @Spartadex_io kindly visit her
@Spartadex_io is taking 𝗚𝗮𝗺𝗲𝗳𝗶𝗲𝗱 𝗗𝗘𝗫 to the next level and I hope to see more
For more educative threads kindly follow:
@Cryptotrissy
@cyrilXBT
@2xnmore
@Mikee_93
@MoonKing___
@defiprincess_
@Flowslikeosmo
@Only1temmy
@Hercules_Defi
@Defi0xJeff
@TheDeFISaint
@ViktorDefi
@DOLAK1NG
@blocmatesdotcom
@BraverCrypto
@Cryptotrissy
@cyrilXBT
@2xnmore
@Mikee_93
@MoonKing___
@defiprincess_
@Flowslikeosmo
@Only1temmy
@Hercules_Defi
@Defi0xJeff
@TheDeFISaint
@ViktorDefi
@DOLAK1NG
@blocmatesdotcom
@BraverCrypto
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