Spectrum Finance @spectrum_labs Channel on Telegram

Spectrum Finance

@spectrum_labs

Official announcements telegram channel of the Spectrum Finance protocol
https://spectrum.fi

Spectrum Finance: Unlocking the Potential of DeFi (English)

Welcome to Spectrum Finance, the official announcements telegram channel of the Spectrum Finance protocol. If you're looking to dive into the world of decentralized finance (DeFi) and unlock its full potential, then you've come to the right place. Spectrum Finance is a cutting-edge platform that is revolutionizing the way we interact with financial services in the digital age. Who is Spectrum Finance? Spectrum Finance is a protocol that aims to provide users with a decentralized and secure way to access a wide range of financial products and services. By leveraging blockchain technology, Spectrum Finance allows users to tap into the power of DeFi without sacrificing security or control over their assets. With Spectrum Finance, users can trade, lend, borrow, and earn interest on their digital assets in a permissionless and transparent manner. What is Spectrum Finance? Spectrum Finance is more than just a DeFi protocol – it's a community-driven platform that is committed to creating a more inclusive and equitable financial ecosystem. By removing the barriers to entry that traditionally exist in the world of finance, Spectrum Finance empowers users to take control of their financial future and unlock new opportunities for growth and prosperity. Whether you're a seasoned DeFi enthusiast or a newcomer to the space, Spectrum Finance has something to offer you. With the Spectrum Finance telegram channel, you'll stay up-to-date on all the latest announcements, updates, and developments related to the protocol. Be the first to know about new product launches, partnerships, and events that could impact your experience on the platform. Join a community of like-minded individuals who are passionate about decentralization, financial freedom, and the power of blockchain technology. Don't miss out on the opportunity to be a part of the future of finance. Join Spectrum Finance today and start exploring the possibilities of DeFi with confidence and security. Visit our website at spectrum.fi to learn more about the protocol and how you can get involved. Together, we can unlock the full potential of DeFi and create a more inclusive and accessible financial system for all.

Spectrum Finance

04 Mar, 14:45

There seems to be a large number of users receiving a token with a name similar to "SPF reward ticket" and it has a link to a site where you connect your wallet.

This is a scam.

The site may look similar to ours but please do not follow these links. Our team will not send these sort of token promotions to our users. If these tokens are received, please ignore or send to a CEX to burn.
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Spectrum Finance

27 Feb, 18:46

SNEK is now with us!
More exciting stuff will be very soon with both Spectrum Network and Splash 💦

https://vxtwitter.com/spectrumxnet/status/1762548624624382428
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Spectrum Finance

30 Jan, 19:04

At the end of Epoch 464, the Spectrum Finance ISPO will end, a lot of you are probably wondering what happens next?

Users who were delegated to our ISPO and added liquidity in LBSP pools can claim their tokens from our rewards page found here!
https://app.spectrum.fi/cardano/rewards

As we stated before the ISPO/LBSP began, we will burn the remainder of the 8% supply after epoch 466 when all rewards have been made available for claiming.

To ensure that you are not liable to miss any rewards, we suggest redelegating your stake to some other current ISPO's available before the end of this Epoch. There's lots of great ones running like PALM1(Palmyra)!

Looking forward, we will be launching a new and improved SPF/ADA farm on Splash after it launches! On Ergo we will also be creating a new SPF/ERG farm targeting 30-40% APR.
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Spectrum Finance

25 Jan, 13:35

Don't forget to vote for us in Catalyst f11! We have some really exciting features in progress that will help push Cardano DeFi to the next level!

https://twitter.com/spectrumxnet/status/1750511988772409683?t=UkY9NiGCRqKmSkvr_k_eWw&s=19
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Spectrum Finance

01 Jan, 14:43

We are pleased to announce the results of 2023 and the plans for 2024! 🚀

https://vxtwitter.com/spectrumxnet/status/1741830168581177525
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Spectrum Finance

08 Dec, 22:32

A bit more clarity regarding Splash thing

https://twitter.com/SpectrumLabs_/status/1733251115423003061
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Spectrum Finance

07 Dec, 17:20

So what is Splash...

https://twitter.com/SpectrumLabs_/status/1732811635062874245
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Spectrum Finance

07 Dec, 13:46

We are happy to present our Catalyst 11 proposals !

Introducing 2 universal framworks to prepare Cardano DeFi for the bull run

https://twitter.com/SpectrumLabs_/status/1732757871102775648
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Spectrum Finance

10 Nov, 14:19

The LBSP abuse loophole has now been closed.

Starting today, only chosen whitelisted pools will be participating in the LBSP program. The list is slightly different from what was presented earlier when the program was first announced. The new whitelist was generated based on the popularity of the asset and the depth of liquidity on Spectrum DEX. The full list can be found at the end of this tweet.

To participate in the LBSP program, the following requirements should be met:
1. A token should be in the Cardano Token Registry.
2. A project or its community members should contact the Spectrum team to be manually added to the program. You can do this via Discord by creating a ticket.
If a project is considered legit (it has an active community, active social channels, production-ready product, community trust, and demand) we will add it manually and announce the addition to the program.

We believe this is the fairest way to continue distributing SPF tokens to the Cardano community who believes in Cardano's cross-chain and trustless future.

The white list of pools participating in the LBSP program is publicly available at this link:

https://spectrum.fi/lbsp_whitelist.json
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Spectrum Finance

25 Oct, 18:44

A long-awaited $RSN token is now launched on Ergo!

Rosen Bridge is a bridge that finally solves the security problem! What is far more exciting is that it can be scaled to other non-UTxO chains!

Congrats team! 🎉

https://twitter.com/RosenBridge_erg/status/1717221708095004984?t=uiVxy15BNsbWdarS_JelyA&s=19
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Spectrum Finance

18 Oct, 18:53

Recently we've made a few significant updates to the Spectrum Network white paper🧻

TL;DR
...Quite technical stuff 😅

Here they are:

1. We integrated the synchronization mechanism which solves the global synchronization problem by leveraging Proof Of Stake (PoS). This mechanism eliminates the need for a global clock among consensus participants. The only remaining security assumption is that the parties have local clocks running at approximately the same speed.

2. We improved the lottery mechanism (selection of consensus participants and slot leaders) by reducing the number of VRF evaluations, which will potentially speed up the entire protocol.

3. We added an appendix with the main algorithms necessary to achieve the consensus: block validation and chain selection rules, local clock synchronization, etc.

And of course, we made a lot of minor edits and improvements to existing sections to provide a more detailed explanation of how the protocol works.

https://spectrum.fi/spectrum_wp_v1.pdf
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Spectrum Finance

11 Oct, 15:33

💧☔️ A DripDropz-like claiming interface is live!

If you are participating in Spectrum ISPO, you can claim without connecting your wallet to the interface. Just copy and paste your stake or payment address into the input field and voila! 🎉

Stake with us in 🟣 SPF0 and 🟣 SPF1!

Check here 👉 https://app.spectrum.fi/cardano/rewards/ispo
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Spectrum Finance

10 Oct, 14:25

We have listened to our communities feedback and have made the decision to push back the testnet airdrop claiming deadline to the 15th of October 18:00 UTC.

This deadline only applies to the testnet airdrop. There is currently no deadline for ISPO/LBSP claiming.
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Spectrum Finance

09 Oct, 11:23

Claims for airdrop rewards will be closed on 10th October 2023 at 9 p.m. UTC.

https://twitter.com/SpectrumLabs_/status/1711339694166790200
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Spectrum Finance

03 Oct, 18:09

ADA refunds have been successfully completed, and all previously stuck orders have been processed.

If you continue to experience any issues with orders, please don't hesitate to reach out to us in the in our support channel on discord for further assistance.

Currently, we are actively addressing the following issues:

🐞 Rewards may not be visible for wallets containing more than 700 addresses.

🔄 Recalculating ISPO and LBSP rewards for epoch 438.
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Spectrum Finance

01 Oct, 21:28

Dear Spectrum Finance Community,

We are excited to share some great news with you! Starting tomorrow, 🗓️October 2nd, at 9 a.m. UTC, your long-awaited rewards will be available for claiming.

Our team has been hard at work, diligently addressing all the issues and rigorously testing our pipelines to ensure a seamless experience for you. As part of these efforts, we have also 🏆 reinstated the rewards page, allowing you to easily verify if your wallet qualifies for rewards.

Thank you for your continued support, and we look forward to delivering an enhanced experience for our valued Spectrum Finance community.
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Spectrum Finance

29 Sep, 21:02

The pool is live!!!
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Spectrum Finance

29 Sep, 20:44

We're ready to launch in 15 minutes.

A 50/50 ADA/SPF pool will be created with the following parameters:
- ADA - 250k
- SPF - depends on the price of Ergo networks
Total initial TVL - 500k ADA.
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Spectrum Finance

28 Sep, 11:40

🚀 Good news!
We were able to regain access to lost testnet data. Thanks to all the community members who helped us obtain it!

The "Rewards" page is on prod again. Please check your eligibility!

If you encounter any issues, please create a 🎟️ ticket in Discord.
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Spectrum Finance

26 Sep, 08:53

Regarding airdrop for those who participated in the pre-Vasil hard fork testnet.
According to the information provided by IOG representatives, there is no official snapshot of the pre-Vasil testnet ledger.
This means we don't have access to the data and unfortunately we won't be able to reward those users who tested the protocol last summer and fall (2022).
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