Spaghetti - the platform is quite simple, compared to many others. There are crop cultivation tokens here that have appeared over the last couple of months.
Contents:
Description of Spaghetti
There is no control in the Spaghetti protocol. Management is too complex to deploy quickly without audit. You will be able to check the contracts and see that no external editing is required once the system is up and running.
The token itself has no value and can’t be purchased. Any value, derived from it in the future, will be based solely on the community's desire for an ETH-based deflationary token. The company is following in the footsteps of YAM. When the pools are launched, users will be able to place bets:
- COMP;
- MKR;
- WBTC;
- yaLINK;
- LEND;
- WETH;
- YFI;
- SNX.
The LINK pool has been updated to use yaLINK and the Uniswap pool has also been updated to use their yyCRV. Thus, users do not need to feel compelled to harvest from other locations. These pools will last for 7 days. Then, 24 hours later, the protocol will offer a staking reward for the yyCRV or PASTA Uniswap pool. This pool will last for 21 days. After that, tokens will no longer be distributed. It is also impossible to mint more tokens. The protocol contracts can be seen on Github.
The future of the platform
In the next update, instead of 1% token burning, there will be 0.5% burning and 0.5% donation to the ETH (foodbank) address. This will allow Spaghetti to stick to its deflationary currency, as well as leverage DEFI's coolness to grow the ecosystem. What will happen next:
| Control | The company plans to add the minimum viable management, required to update the foodbank address. |
| Rewards | The community can decide which projects or people will receive awards at any given time. |
Finally, the goal of the project - to reduce translation costs. There is a lot more work in progress, but you can expect more updates in the coming week. Since further functions are built on PASTA, it is very important to validate the code correctly. At the moment, the project has no funds for this.
Additional information
For any information, contact tech support on the company's Twitter channel. They will help you to solve any of your problems, as well as you will find out about the next updates, terms of promotions and contests.