Sunday, March 6, 2022

Spade Finance - A Yield Farming Protocol Built on Fantom Network

Spade Finance:

Description: With many exciting features added to the platform, Spade Finance aims to be one of the stable yield farm protocols besides Spooky in the Fantom chain. Spade Finance focuses mainly on those utilities as the project is built in stages. The team has many plans and did so much background work to make sure that we create solid use-cases and utilities through spade finance on the fantom ecosystem. The focus will be mainly on building a long term Defi platform utilising the power of the Fantom chain and its community.

Incentive Pools

Incentive Pools are another way of doubling the yields on the platform. The 4% deposit fee we get will be used to give it back to the community and investors in the form of incentive pools. Once the incentive pools are open, you can start earning stables and other altcoins by staking $SPADE as it helps the Price of the stable and gives the community a chance to earn two-dimensional income. As a part of incentive pools, a lot of projects fails to deliver them after farm launches once they get what they want. To avoid this and to put investors' minds at ease we have decided to launch one Stable $USDC incentive pool before the farm launch. 


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