Sparkswap Price

About the coin

SPARKSWAP is a yield farming protocol developed by the team behind EMP Money, specifically designed for the Pulsechain network. It offers users a variety of farming options, including multiple farms and single asset staking pools. Additionally, SPARKSWAP features an Automated Market Maker (AMM) and a bridge connecting the BNB Chain to PulseChain. This project aims to provide users with a reliable platform for earning yields on Pulsechain.

Main features

SPARKSWAP distinguishes itself from other yield farming projects through two major features. Firstly, all LP pools eligible for INC rewards from native Pulse LP reward pools are rehypothecated, allowing the project to earn rewards without taking custody of users' tokens. These rewards are then sold to supplement the SPARK/PLS LP and distributed back to users staking in Sparkler, creating significant buying pressure on SPARK and PLS tokens. Secondly, SPARKSWAP distributes all protocol fees and rewards back to users via Sparkler, a mechanism that adds utility and value to the SPARK token. This system uses principles from HEX to calculate pool shares, rewarding users based on the real yield of the protocol.

How it works

SPARKSWAP operates as a sister project to EMP Money, a veteran DeFi project on the BNB chain. The project was launched after months of planning and development, following the announcement of Pulsechain. SPARKSWAP's upcoming BNB Chain to PulseChain bridge will provide significant utility, addressing the current lack of reliable bridges between these chains. The SPARK token can be used in the platform's farms and Sparkler, a revolutionary ROI contract that reduces the token's circulating supply while offering users the opportunity to earn substantial yields.