Basic Information
| Information | Details |
|---|---|
| Project Name | SpartaDEX |
| Project Website | https://spartadex.io/ |
| Project Description | SpartaDEX is a gamified decentralized exchange (DEX) operating on the Arbitrum network. It uniquely combines gaming elements with DeFi protocols, offering users advanced monetization opportunities and an engaging experience. |
| Project Ticker | SPARTA |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Retroactive |
| Total Airdrop Amount | 6% of the total SPARTA supply (Exact total supply not specified) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Lockdrop Start | July 24, 2023 |
| Lockdrop End | August 3, 2023 |
| Token Generation Event (TGE) | August 3, 2023 |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
Participants could join the lockdrop by providing liquidity for selected pairs on Sushiswap or Camelot exchanges and locking it in SpartaDEX. The eligible pairs and their SPARTA token allocations were:
- WETH/ARB — 1,500,000 SPARTA
- USDC.e/USDT — 1,500,000 SPARTA
- WETH/USDC.e — 1,500,000 SPARTA
- GSWIFT/USDC.e — 750,000 SPARTA (Sushiswap only)
- WBTC/WETH — 750,000 SPARTA
Participants could choose lock-up periods ranging from 2 to 52 weeks, with rewards proportional to both the value of the locked assets and the duration of the lock.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Official Announcement: The final challenge — The SpartaDEX Lockdrop
- Step-by-Step Guide: SpartaDEX Lockdrop — step by step guide
- FAQ Document: Lockdrop FAQ
Additional Information
Lockdrop Phases: The lockdrop consisted of two phases:
- Phase I (July 24–30, 2023): Participants could add or migrate liquidity of selected pairs from Sushiswap or Camelot and lock it in SpartaDEX. Early participants received up to a 15% reward boost, decreasing linearly over the phase.
- Phase II (July 30–August 3, 2023): Participants could lock their SPARTA tokens (earned in Phase I or through airdrop) and USDC.e to create a SPARTA/USDC.e liquidity pool.
Vesting Schedule: 50% of the rewards from Phase I were available at TGE, with the remaining 50% distributed linearly over a 6-month vesting period.
Ecosystem Rewards: Participants in Phase I not only received one-time rewards but also qualified for ongoing ecosystem rewards, where yields depended on the development of their NFT settlement, which could be minted for free.