SpartaDex ($SPARTA) Token Airdrop Guide: Testnet LIVE NOW!

What is SpartaDex?

SpartaDex is a unique concept of decentralized exchange with implemented gaming layer, built on Arbitrum. It allows users to build their Spartan settlement, gather resources, recruit an army and conquer barbarian territories. The yield and profits are directly related to the user’s progress through the game.

SpartaDex incentivizes liquidity providers of whitelisted pools with their native $SPARTA token. Providing liquidity to selected pairs of partner projects also rewards in the project token.

Does SpartaDex Have a Token?

Yes, SpartaDEX has a native token called $SPARTA. The project team has announced on Twitter that there will be a $SPARTA token airdrop for the community.

How to Get the $SPARTA Token Airdrop?

The best chance to get the $SPARTA token airdrop is to (1) hold a Spartan NFT and (2) interact with the app:

  1. The project team has confirmed that Spartan NFT holders are eligible for future airdrops. All NFTs have been minted already, but you can purchase one in OpenSea.
  2. The SpartaDex testnet is now live on Polygon Mumbai. Only whitelisted addresses are able to interact with it now (those who completed the Galxe campaign). However, its mainnet will launch on Arbitrum later this year, and it is open to the public. Those who missed the whitelist opportunity can then interact with the game for a chance to get the airdrop.

Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period. (pascuccirestaurant.com)

Likelihood of Airdrop: SpartaDex has confirmed a $SPARTA token airdrop for Spartan NFT holders and early app users once the token is launched.

Airdropped Token Allocation: The project team has not yet published details of the airdropped token allocation.

Airdrop Difficulty: Consider purchasing a Spartan NFT if you are prepared to maintain ownership over an extended period; otherwise, it may not be a valuable investment.

Token Utility: Staking $SPARTA provides Real Yield, which comes not only from commissions earned by the exchange but also from income generated by game-related microtransactions.

Token Lockup: Tokens allocated to ecosystem rewards will follow a 72-month linear vesting with halving mechanism. On the other hand, tokens allocated to the project team and advisors will follow a 6-month cliff and an 18-month linear vesting.

REVIEW OVERVIEW
Likelihood of Airdrop
Airdropped Token Allocation
Airdrop Difficulty
Token Utility
Token Lockup
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Ronal is a Senior China Blockchain Correspondant who has been covering the Chinese blockchain industry since its inception. He has written extensively on the subject, and his work has been featured in some of the world’s leading publications. Ronal is an expert on the Chinese blockchain market and has a deep understanding of the technology and its potential applications.
spartadex-sparta-token-airdropSpartaDex has confirmed a $SPARTA token airdrop for Spartan NFT holders and early app users upon token launch, although the airdropped token allocation details are yet to be disclosed. Acquiring a Spartan NFT for the airdrop may be more suitable for long-term investors. $SPARTA tokens offer Real Yield, generated from exchange commissions and game-related microtransactions. Ecosystem rewards will follow a 72-month linear vesting with a halving mechanism, while project team and advisor allocations will have a 6-month cliff and 18-month linear vesting.