Caesar Finance



SPARTAN: 0x8477b33954a849529cdfc6b0f43d0d6d64c4496e
SPARTAN token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain SPARTAN peg to 1 AURORA token in the long run.
Note that SPARTAN actively pegs via the algorithm, it does not mean it will be valued at 1 AURORA all times as it is not collaterized . SPARTAN is not to be confused for a crypto or fiat-backed stable-coin.

CAESAR - Token Share

CAESAR: 0x34AC771898eE6D4c7e0E48db46c5C533Ea148daB
CAESAR (Token Share) are one of the ways to measure the value of the Caeser Finance Protocol and shareholder trust in its ability to maintain SPARTAN close to peg. During epoch expansions the protocol mints $SPARTAN and distributes it proportionally to all CAESER holders who have staked their tokens in the Colosseum (boardroom).
CAESAR holders have voting rights (governance) on proposals to improve the protocol and future use cases within the CAESER Finance ecosystem.
CAESAR has a maximum total supply of 50000 tokens distributed as follows:
  • Team Allocation: 4500 CAESAR vested linearly over 4 months
  • Remaining 45500 CAESAR are allocated for incentivizing Liquidity Providers in two share pools for 5.5 months.

TROJAN - Bonds

TROJAN: 0x4DD10F6235c019a14ac05A2d97c582895a87a7F3
TROJAN (BOND) main job is to help incentivize changes in SPARTAN supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of SPARTAN falls below 1 AURORA, TROJANs are issued and can be bought with SPARTAN at the current price. Exchanging SPARTAN for TROJAN burns SPARTAN tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 AURORA. These TROJAN can be redeemed for SPARTAN when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for SPARTAN when it is above peg, helping to push it back toward 1 AURORA.
Contrary to early algorithmic protocols, TROJANs do not have expiration dates.
All holders are able to redeem their TROJAN for SPARTAN tokens as long as the Treasury has a positive SPARTAN balance, which typically happens when the protocol is in epoch expansion periods.

AQUILA - Boost Token

AQUILA: 0x7cE3AAbB4Eb617c50dcd289c87275d16058a49E0
Check out more about Aquila on Innovations.