Matter DeFi — a farming platform, designed to incentivize the provision of 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. All staking and unstaking fees help to redeem the MTTR token on SpicySwap.
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 automated DEX actions, will help to usher in a new phase of Tezos DeFi.
The primary staking currencies, used on Matter, are SpicySwap Liquidity Pool Tokens (SSLP) from various pools.
18-character 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.
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