Market Rank | #4190 |
---|---|
Market Cap | $ 0.5M |
Volume 24h | $ 54.7K |
Circ. Supply | 91.4M |
Total Supply | 99.0M |
Max Supply | 300.0M |
Spartan Protocol (SPARTA) is currently priced at $ 0.00511475.
Spartan Protocol (SPARTA) is a synthetic assets and liquidity protocol built on the Binance Smart Chain. It aims to provide a platform for the incentivized creation of synthetic assets mirroring real-world commodities, fiat currencies and market indices.
The precise identities of Spartan Protocol's creators aren't disclosed known due to the decentralized nature of the project. However, they were likely driven by the potential they saw in developing a platform designed to democratize access to financial services in a decentralized and non-custodial manner.
Spartan Protocol differs from other cryptocurrencies in that it focuses on providing a platform for the creation of synthetic assets. This offers users the ability to gain exposure to an array of different assets without having to physically own them.
In the Spartan Protocol, rather than traditional mining, there is liquidity mining. Liquidity providers stake their tokens in different liquidity pools and earn rewards, or SPARTA tokens, in return. The process helps ensure promising liquidity and deepening the market depth.
Like other cryptocurrencies, Spartan Protocol's SPARTA tokens can be securely stored in a variety of cryptocurrency wallets that support Binance Smart Chain assets. These include hardware wallets and software wallets. Always ensure to use reputable wallets and keep your private keys safe.
Spartan Protocol is currently ranked as the #4191 in terms of its market capitalization.
Currently, the circulating supply of the Spartan Protocol's SPARTA tokens is 91.4M.
The most recent price change of Spartan Protocol (SPARTA) in the last 24 hours was -4.83%. This means that it has decreased.
Spartan Protocol's SPARTA tokens can be safely purchased on the following exchanges: .
As a protocol built on the Binance Smart Chain, Spartan Protocol relies on the inherent security features of this blockchain, which uses a consensus mechanism known as Proof of Staked Authority (PoSA) to ensure the integrity of transactions.
New technologies are integrated into Spartan Protocol through the process of proposal and consensus within the community. This democratic approach ensures the features added are beneficial to the wider community. It's a key aspect of Spartan Protocol's decentralized nature.
The total supply of Spartan Protocol's SPARTA tokens is 99.0M.
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