Raven Protocol Listed on Spartan Protocol V2 Mainnet Pools
News from the RAVEN Coin Development team on October 19, 2021
Earn over 47% APY by joining the RAVEN:SPARTA pool!
Dear Raven Protocol Community,
We have some super exciting news to share. If you remember, we joined hands with Spartan Protocol during the first DeFi Summer in 2020. They were the first major liquidity project built on BSC who built their AMM from scratch instead of forking PancakeSwap like what 99% of new DeFi projects do.
Raven was one of the first projects to migrate to Binance Smart Chain and utilized Spartan Protocol’s AMM (V1 Mainnet). Because of their popularity, they were a target for an exploit resulting in a loss of $30M. Due to the strength of their team and putting all hands on deck, we were notified almost instantly and thus we were able to notify the entire Raven community so that nobody loss their funds. The community pulled over half a million of liquidity out of the pools safely.
Today, we are excited to announce that Raven Protocol is now officially listed on Spartan Protocol’s V2 Mainnet pools with 47.6% APY.
We have a ton of confidence in V2 because of the extensive smart contract audits, how the strong Spartan Protocol team handled the V1 exploit, and the great lengths they went through to make their LPs whole again.
The remainder of this post will walk you through how to Add Liquidity to join the RAVEN:SPARTA pool.
Why you should join the RAVEN:SPARTA Pool
Highest APY source for the Raven Protocol community
Utilizes BEP20 / BSC $RAVEN tokens and pool is currently over 46% APR!
RAVEN staking utilizes BEP2 and has only 12% APR
Earn revenue and swap fees that are distributed directly to contributors of the pool
Deepen the RAVEN:SPARTA liquidity pool to be eligibile for DAO proposals. This will be required for Synthetic Assets and Bonding. It will be a serious community effort to get majority consensus from the Spartan community to approve the DAO proposals
Strengthens the relationship between both the Raven Protocol and Spartan Protocol communities so that we can grow the ecosystem together
If there is some serious uptake, we might mint some exclusive Founders’ and Super Founders’ Coins as NFTs!
Walk-through on Joining the RAVEN:SPARTA Pool
Let’s walk you through so you can start earning and compounding!
4. Set the amount of RAVEN and SPARTA you want to add to the pool, then click “Add Both” to receive RAVENp. We DO NOT recommend you to add to the pool single sided with the “Add Single” button since slippage will be very high.
5. Voila! You are now in the RAVEN:SPARTA pool. Enjoy those juicy yields!
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