SpookySwap Partners With Market.xyz

Market: Earn Yield & Leverage Assets on Your Terms

About Market

The Market Protocol empowers anyone to create isolated interest rate markets that enable borrowing and lending of any token based asset which supports the ERC-20 specification. For launch, BOO-FTM spLP staked through Beefy Finance and xBOO are available for leveraging. These markets are customizable and can be easily updated by the creator or through governance.

  • Close Factor & Liquidation Incentive
  • Reserves & Administrator fee
  • Oracle

Our Partnership

SpookySwap and Market have a shared goal of making DeFi utility accessible for both our communities and the greater Fantom ecosystem. Thanks to the low gas fees made possible by Fantom Opera, Market aims to be very accessible to people as smaller borrow positions become possible without compromising on security since the gas fee for liquidations is economical. This paired with SpookySwap’s liquidity creates a lot of interesting investing strategies using the Lao Zi protocol’s MAI.

BOO-FTM LP Leveraging

xBOO Leveraging

About Market Protocol

Access instant liquidity & leverage on all your assets with Market. You can borrow/lend and unlock your token’s value with isolated pools specifically designed for your holdings. Market believes that isolated markets create equitable opportunities for every participant, community & project in the world of DeFi. All pools of Market are to be governed by the participants, and all liquidity across all positions via isolated pools is instantly accessible thanks to superfluid collateral.

About SpookySwap

SpookySwap is an automated market-making (AMM) decentralized exchange (DEX) for the Fantom Opera network. SpookySwap actively invests in building a strong foundation by using the BOO token for governance, rewards on diverse farms, and to provide developer grants encouraging a healthy ecosystem of other Fantom projects. As of its launch in April 2021, SpookySwap has earned endorsement and support from the Fantom Foundation, developed a bridge for popular DeFi networks such as Binance, Avalanche, Polygon, and Arbitrum, and been fully audited by CertiK.

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