Sparta
Sparta is a programmatic ‘community-owned bank/fund’ that helps its members earn high interest rates through a combination DeFi yield optimisation and interest-rate sharing by providing unsecured loans to its members. Sparta is built on AkropolisOS, which is an upgradeable framework for creating for-profit DAOs. The initial version enables the following: (a) liquidity and incentive management using bonding curve, (b) capital coordination mechanism for under-collateralized credit, (c) yield rebalancer. Thus, it aims to translate new DeFi developments into the original vision for a provably solvent savings/pension fund, independent of the banking system, and resilient to inflation and a wide range of attack vectors.
About Sparta
Sparta is a programmatic ‘community-owned bank/fund’ that helps its members earn high interest rates through a combination DeFi yield optimisation and interest-rate sharing by providing unsecured loans to its members.
Sparta is built on AkropolisOS, which is an upgradeable framework for creating for-profit DAOs. The initial version enables the following: (a) liquidity and incentive management using bonding curve, (b) capital coordination mechanism for under-collateralized credit, (c) yield rebalancer. Thus, it aims to translate new DeFi developments into the original vision for a provably solvent savings/pension fund, independent of the banking system, and resilient to inflation and a wide range of attack vectors.
