View source for Spar Protocol (SPAR)

==Basics==

*Based in:
*Started in / Announced on: [https://medium.com/terra-money/terra-project-spotlight-spar-protocol-a96a4c2cd265 30-4-2021]
*[[Testnet]] release:
*[[Mainnet]] release:
*[[Decentralized]] asset management platform
*From the [https://medium.com/terra-money/terra-project-spotlight-spar-protocol-a96a4c2cd265 introduction]:

''"At a high level, Spar is a decentralized pool management application on Terra that enables passive management of investor [[liquidity]] at promising rates of return and favorable fee models for active pool managers. An intuitive way to think of Spar is a decentralized hedge fund pool, similar to [[DHedge DAO (DHT)|DHedge]] on [[Ethereum (ETH)|Ethereum]], where isolated liquidity pools of depositor assets rebalance and adjust based on the pool manager’s specific investment strategy or long-term thesis."''

==History==

* From [[Terra (LUNA)|Terra's]] introduction [https://medium.com/terra-money/terra-project-spotlight-spar-protocol-a96a4c2cd265 article] (30-4-2021):

''"Spar’s team got involved with Terra quite early on when the community was still small''

==Token==
===Launch===
===Token Allocation===
===Utility===

* From [[Terra (LUNA)|Terra's]] introduction [https://medium.com/terra-money/terra-project-spotlight-spar-protocol-a96a4c2cd265 article] (30-4-2021):

''"The SPAR token, which has not been released yet, will function as Spar’s community governance, liquidity, and [[Proof-of-Stake (PoS)|staking]] token. In the future, token holders can be the regulators of SPAR — making sure the pools are run without any malicious activity and be rewarded for maintaining the protocol. You can expect an [[airdrop]] for the SPAR token to LUNA stakers based on a historical snapshot once Spar Protocol goes live."''

===Other Details===
===Stablecoin===
==Coin Distribution==
==Technology==

*[[Whitepaper]] can be found [insert here].
*Code can be viewed [https://github.com/Spar-Protocol here].

===Implementations===

*Built on: [[Terra (LUNA)|Terra]], [[Mirror Protocol (MIR)|Mirror]]

===How it works===

* From [[Terra (LUNA)|Terra's]] introduction [https://medium.com/terra-money/terra-project-spotlight-spar-protocol-a96a4c2cd265 article] (30-4-2021):

''"There are no deposit or withdrawal restrictions for investors, meaning that investors can withdraw their funds from a selected pool at any time — significantly reducing [[Counterparty Risk|counterparty risk]].''

''Once a user deposits capital into a pool, the manager deploys the capital in the pool supplied from various investors to generate returns based on their strategy — the overall risk/reward for users transparent upfront. Since Terra and [[Mirror Protocol (MIR)|Mirror]] power Spar, investors can gain exposure to various asset classes within specific pools, including equities, commodities, [[Exchange-Traded Fund (ETF)|ETFs]], and more. Pool managers can even deploy the investor capital as an [[Liquidity Provider (LP)|LP]] in [[Decentralized Finance (DeFi)|DeFi]] protocols — generating passive returns from yield farming strategies."''

===Staking===
====Validator Stats====
===Liquidity Mining===
===Scaling===
===Interoperability===
===Other Details===
==Privacy Method==
==Compliance==
==Oracle Method==
==Their Other Projects==
==Governance==
===DAO===
===Admin Key===
===Treasury===
==Upgrades==
==Roadmap==

*Can be found [Insert link here].

* From [[Terra (LUNA)|Terra's]] introduction [https://medium.com/terra-money/terra-project-spotlight-spar-protocol-a96a4c2cd265 article] (30-4-2021):

''"Spar’s plans for the rest of 2021 include:''

# ''Launch private [[testnet]]''
# ''Launch public testnet''
# ''Launch beta [[mainnet]]''
# ''Integration such as [[Anchor (ANC)|Anchor]], [[Automated Market Makers (AMM)|AMM]], [[Liquidity Mining|Yield farming]]''
# ''UX improvements''
# ''Updated governance module"''

==Audits==

*[[bug bounty|Bug bounty]] program can be found [insert here].

===Bugs/Exploits===
==Usage==
===Projects that use or built on it===
==Competition==

* [[DHedge DAO (DHT)|dHedge]]

==Pros and Cons==
===Pros===
===Cons===
==Team, Funding, Partnerships, etc.==
===Team===

*Full team can be found [here].
*''"At the time of writing, the Spar Protocol is a team of 10"'' [https://medium.com/terra-money/terra-project-spotlight-spar-protocol-a96a4c2cd265 (30-4-2021])
*Patrick Benske; Co-founder

===Funding===

* [[Orion Money (ORION)|Orion Money]]; took part in the [https://orion-money.medium.com/orion-money-private-farming-66e3ebf35dbe Private Farming] raise of $70M [[Total Value Locked (TVL)|TVL]] (12-8-2021).

===Partners===
==(:==
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[[Category:Coins/Tokens]]