Spartacus
  • 🆕Announcing Spartacus 2.0
    • Updates: Migrating to Ethereum Mainnet
    • Announcing Spartacus 2.0
  • Introducing Spartacus
    • Introducing Spartacus
    • Phase I - Project launch
    • Phase II - Sustainable growth and expansion
  • Guides to arena
    • Bonding
    • Staking
    • (Λ, Λ)
  • Tokenomics
    • SPA tokens
    • Treasury
    • Contracts
  • References
    • DeFi 2.0 Glossary
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  1. Guides to arena

(Λ, Λ)

Good to know: (Λ, Λ) is the Spartacus reference to the (3, 3) strategy on Olympus.

(Λ, Λ) represents the "bond + stake" strategy, the best strategy for everyone collectively in Spartacus DAO from the Game Theory perspective.

What is (Λ, Λ)?

It represents the (3, 3) in game theory, the best strategy with highest scores for all Spartacus collectively, assuming

  • staking = +2

  • bonding = +1

  • selling = -2

Given 2 actors in all scenarios, the total scores of the protocols:

  • both actors bond & stake = (3, 3) = 6

  • one bond & one stake = (3, 1) = 4

  • if one sells = (1, -1) = 0

  • if both sell = (-3, -3) = -6

In Spartacus, SPA can only be minted or burned by the protocol and it also guarantees that each SPA is always backed by some amount of 1 Dai.

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Last updated 3 years ago