Spartacadabra

Spartacadabra unlocks yield bearing assets and conjures magic crypto money Lambda (λ).

Let's (9, 9).

Discord: λ)

[Spartacadabra @spartacadabra]

6/
Once we migrate cross chain to ETH mainnet, we will be ready to integrate Lambda into a broader Curve ecosystem and earn gauge rewards from CRVs.

[Spartacadabra @spartacadabra]

1/ Follow up on our last update, Spartacus!

Today we introduce a new minting mechanism for Lambda, which now starts to be backed by both USDC and SPA.

[Spartacadabra @spartacadabra]

5/
- When Lambda price > $1, AMO will decollateralize to lower CR;
- When Lambda price is < $1, AMO will start to recollateralize to bring CR back to target level.
- The AMO will also conduct other value accrual activities such as LPing and farming.

[Spartacadabra @spartacadabra]

6)
We are close to wrapping up the testing of the new designs. We will report to the community once we have the test site up.

[Spartacadabra @spartacadabra]

1)
 Spartacus!

We are super excited to share you with our thoughts and plans on Spartacadabra 2.0.

[Spartacadabra @spartacadabra]

5)
Initially we will keep incentivizing the existing Lambda-2Pool on FTM Curve.

On a broader scale, we believe that it is necessary to engage more closely with the Curve ecosystem, bringing yields and incentives on Curve gauges on Ethereum mainnet to Lambda/Charm/SPA holders.

[Spartacadabra @spartacadabra]

@arcanecorex @DeHausDemon @CurveFinance @MIM_Spell @beefyfinance which pool did u have issues with?

[Spartacadabra @spartacadabra]

The buyback never stops. From last two weeks:

https://t.co/jXcD1PzHh0

https://t.co/JKNsUf5dHM

[Spartacadabra @spartacadabra]

Weekly buyback with $Lambda

https://t.co/FQ9tBGBEoI

https://t.co/pIGcinKTvA

The latter is from the ftm/usdc degenbox.

[Spartacadabra @spartacadabra]

New cauldron for beefy vault of MIM 3PoolV2 token (FTM curve), is up!

The cauldron address: 0x704D09bbD8834303Cc6A4c08B28aB51EdF72e538
Borrow fee: 0.5%
Interest: 1%
APY: 75.88%

https://t.co/uflrekVhE4

@beefyfinance @MIM_Spell

[Spartacadabra @spartacadabra]

$lambda is fully collateralize. For every $ lambda minted there is one $ underlying assets backing.

[nour @NourHaridy]

Before using a stablecoin, follow the checklist:

- Can it be seized from my wallet?
- Is it vulnerable to regulations?
- Is it governed by an unreliable and centralized org? (e.g. multisig)
- If demand falls to 0, will it fail to reduce supply down by 100%?

[Spartacadabra @spartacadabra]

new cauldron of FTM-Tomb LP (on Tombswap):

https://t.co/x9RvBjpOkY

Cauldron contract address: 0xe73a245Fbe69b060A0a6d2b817D8688b23749d2b

100K lambda available to borrow for the pool.

[Spartacus (Λ, Λ) @Spartacus_Fi]

1/ Spartacus!

We appreciate your patience and in particular all the SPA holders. We can not thank you enough for being with us in the past!

After a lot of debate, research and development we have come together our vision and roadmap for the next phase of Spartacus Finance.

[Spartacadabra @spartacadabra]

@omelched @solidlyexchange the fees on the info page is incorrect.

it was using the 0.2% (old uni v2 style).