Spectrum Finance (SPF)

What Is Spectrum Finance?

Spectrum Finance is an open source cross-chain decentralized exchange (DEX).

The main feature of Spectrum Finance is that we build it on top of the multi-chain network called Spectrum Network.

Spectrum Finance Unique Features

Cross-chain

The main feature of Spectrum Finance is that we build it on top of the multi-chain network called Spectrum Network.

Spectrum Network

Spectrum Network is designed in such a way as to allow the exchange/swap of native assets (e.g. ADA → ETH, BNB → ERG) without wrapping.

Make more transactions, pay lower fees

We optimize Spectrum Finance to increase transactions speed and make them cheaper.

Open source

Spectrum Finance is open source DEX. Study best practices and collaborate.

Earn your own way

Trade, provide and mine liquidity or launch your own off-chain bots.

Get involved in DeFi easily

We are building user-friendly interface to start your DeFi experience smoothly.

Roadmap

TBA

Spectrum Finance Token Economy

As the protocol changes, more and more utility functions will be added. Let’s go over the main ones quickly:

Off-chain executors’ fees.

Users will be able to pay fees to off-chain executors not only in native currencies (like ERG or ADA), but also in SPF. On the other hand, people who run bots off-chain will be able to earn SPF. This utility function will be available on Ergo right after the token launch.

Spectrum Networks validators reward.

SPF will be used as a reward for validators who keep the network safe; Protocol fees will go down, and cross-chain operations will cost a penny in the future. SPF tokens will be used to pay this fee.

Protocol fee reduction.

Protocol fees will go down, and cross-chain operations will cost a penny in the future. SPF tokens will be used to pay this fee.

DAO and Governance

SPF token will also take a part in Spectrum Finance ecosystem governance and DAO. Recent researches showed us that establishing governance on top of the Layer 1 blockchains is not efficient. So we decided to implement governance directly on top of the Spectrum Network side-chain so that we wouldn’t waste time implementing this functionality on layer 1 blockchains.

Detailed Token Metrics

TBA 

Token Distribution

Community: 754,375,000 SPF (75.4%)

Team & Advisors: 120,000,000 SPF (12%)

Growth Treasury: 70,000,000 SPF (7%)

DAO Treasury: 33,958,333.3 SPF (3.4%)

Investors: 21,666,666.6 SPF (2.2%)

Token Release Schedule

Partners & Advisors

Team Members

 TBA

Investors

TBA