Matter DeFi — a DeFi project, designed to help to provide liquidity on SpicySwap. Users can stake SpicySwap LP tokens to earn protocol token MTTR.
The flagship feature of Matter DeFi - the automatic contract-level buyback and burn of the MTTR token. The automatic buyback ensures constant buying pressure on MTTR, resulting in truly sustainable returns.
Automatic buyback and burn - a feature that is only possible when integrated with the SpicySwap DEX protocol. Integrating protocols at the contract level, such as automatic DEX actions, will help to usher in a new phase of Tezos DeFi.
Features of using DeFi:
| 1 | To stake, users can find the desired farm on the Matter DeFi homepage and use the Add and Remove buttons to manage their liquidity. |
| 2 | For non-MTTR tokens, fees apply for both staking and unstaking. |
| 3 | This fee is immediately sent to the Matter Calculator contract for automatic redemption and incineration. |
Use the “Get button” to get your MTTR reward. "Compound" - a special feature that takes the received MTTR rewards and re-puts them in the MTTR -> MTTR farm for increased rewards. More frequent compounding means your MTTR stack will grow faster.
18-digit tokens are hard to read with a large number of displayed values. For this reason, on Matter DeFi, SSLP is displayed as a zero decimal token for easier reading. The number or value of LP tokens you own has not changed, and the relative XTZ values for LP tokens are shown for clarity.