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  • But the question is... what is a fair launch?
  • 1 - Adding SPARTACUS tokens to farms and pools before launch.
  • 2 - Increasing token allocation for each pool and farm

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Fair Launch

NextSpartacus Swap

Last updated 3 years ago

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  1. Farming will start at block #8870000. Date: Thursday Sun Jul 04 2021 17:41:26 GMT

  2. Before farming starts, you can deposit to farming pools, but no rewards until launch

  3. There is No pre-sale. Fully fair launch!

  4. 10000 tokens listed at 1 dollars. No dev rewards or presale fully fair launch

​

SpartacusSwap's goal is to start our project with a FAIR LAUNCH. Fair and transparent for everyone.

Farming will start at block #8870000. You can view the block countdown on ​

  • Farming Start Block: #8870000

  • Estimate Target Date: Sun Jul 04 2021 17:41:26 GMT

  • No Pre-Sale, No Pre-Mint for Team

  • Emission Rate 1 SPARTACUS/block

Before farming starts, you can deposit your tokens to any farms or pools in advance. But there will be no farming rewards until the start.

The dev team will only mine 25000 SPARTACUS to seed the liquidity pools and for marketing and Twitter contests.

The starting price of 1 $SPARTACUS will be $1 at token launch time.

There will be no pre-sale. You can only buy SPARTACUS tokens before at the start of farming. The dev team will add SPARTACUS-BUSD, SPARTACUS-BNB liquidities on PancakeSwap.

But the question is... what is a fair launch?

We have spent hours on the drawing board brainstorming scenarios that benefit all token holders, stakers and farmers. We want to make sure anyone in our pools and farms are not exposed to a high risk dump which is a typical scenario with most launches (detailed below).

The typical scenario we have witnessed across many yield farming project launches is that whales (high net worth individuals) enter into various farms and pools with large amounts of tokens. Since farms always offer a very high initial APY as the Total Value Locked is building up (APY and TVL are inversely proportional). As the price of the token increases, whales can quickly dump their tokens resulting in elevated sell pressure, which can quickly tank the price.

With this in mind, we will be launching with a few measures we believe will mitigate instant price mooning and dumping as well as maintain high APYs for farms and pools.

The dev team will only mint SPARTACUS for 25000 for allocate to the initial liquidity pools, 10000 will be added to SPARTACUS pool.

  • Initial Mint: 10000

  • Initial LP Allocations

    • SPARTACUS-BUSD LP:

      • 10000 $SPARTACUS - 10000 BUSD

      • Launch Allocation: 40X

    • BUSD-BNB LP:

      • Launch Allocation: 4X

    • More to be added after

  • Initial Pools

    • SPARTACUS:

      • Launch Allocation: 10X

    • WBNB:

      • Launch Allocation: 1X

    • CAKE

      • Launch Allocation: 1X

  • Fair Launch

  • No Pre-Sale

  • No SPARTACUS tokens for Dev Team use

  • Emission Rate: 1 SPARTACUS/block, will gradually be reduced based on Total Value Locked.

1 - Adding SPARTACUS tokens to farms and pools before launch.

  • 10000 SPARTACUS will be pre-minted and will be used to provide liquidity and fund the initial farms and pools.

2 - Increasing token allocation for each pool and farm

Our goal is to start with a low allocation for each pool/farm and gradually increase allocation over the first few weeks. We will diligently monitor APYs during the launch and progressively increase them until they reach out final allocation amount.

Pools :

  • SPARTACUS

  • BNB

  • CAKE

Farms :

  • SPARTACUS/BUSD LP

  • SPARTACUS/BNB LP

  • BNB-BUSD LP

Note :

This is an experimental launch but we believe this will provide the best value for the community long term.

We believe this will help to maintain high APYs to first farmers entering the SPARTACUS ecosystem and avoid whales to hold large amount of tokens with a high risk of dumping the SPARTACUS token price. We have also but into place measures

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