💥 Hey SPArtans ⚔️, Demeter protocol is live! The first farm built with it is a Layer2DAO / USDs farm. ➡️ You might have some questions and here are the answers. 1️⃣ what is L2DAO? - This is a DAO investing in perspective L2 ecosystem protocols on Ethereum. Sperax partners with L2DAO to drive Layer 2 adoption 2️⃣ where is this new farm located? - here: https://app.sperax.io/farm 3️⃣ where can I get the tokens for farming - USDs and L2DAO ? - USDs can be minted on Sperax mint page from your USDC, Frax, VST or DAI and a tiny amount of SPA. Mint page: https://app.sperax.io/mint. You can also buy USDs on Uniswap. L2DAO you can buy on Arbitrum Uniswap or Sushiswap. 4️⃣ what are the contract addresses of both tokens on Arbitrum? USDs: 0xd74f5255d557944cf7dd0e45ff521520002d5748 L2DAO: 0x2cab3abfc1670d1a452df502e216a66883cdf079 5️⃣ Do I need to lock my farm? - No, this is farm doesn't require lockups. 6️⃣ Why APR is relatively high (at the moment of writing it is 1500%) ? - This is a new farm with pre-defined amount of weekly rewards. Earlier birds will get high APR longer. More users will join - the rewards will be shared with more users - the APR will gradually decline. 7️⃣ Why ratio in value of L2DAO and USDs when I contribute to the farm is not 1:1? - This is how "concentrated liquidity" approach of Uniswap v3 works. Uniswap uses specific price ranges that allows maximizing profits, you can read about concentrated liquidity in Uniswap docs. 8️⃣ What tokens will I get as my farming yield? - you will get SPA tokens and L2DAO tokens 9️⃣ What is Demeter protocol? - this is an important milestone on Sperax roadmap - an innovative protocol developed by Sperax that makes building farms on Uniswap very easy for developers - no-code/low-code experience. It is a Farming-as-a-Service from Sperax to farm builders on Arbitrum.