How Does SPARTANS Work?
SPARTANS is a strategy trading system built on a Unified Liquidity Pool mechanism.
Unlike traditional copy trading systems, SPARTANS does not replicate trades individually for each user. Instead, all participant funds are combined into a single unified liquidity pool, and trades are executed collectively by the system.
Each participant owns a proportional share of the pool based on their deposited amount.
When the strategy generates profits or losses, PnL is distributed proportionally according to each participant’s share ownership.
SPARTANS vs Traditional Copy Trading
Traditional copy trading systems often encounter issues such as:
- Slippage
- Order execution delays
- Missed orders
- Different execution prices between users
- Large traders impacting execution quality
Under the SPARTANS liquidity pool model:
- All funds are traded as a single pooled position
- All participants share the exact same execution price
- There are no execution discrepancies between users
As a result:
All participants experience a more consistent and fair profit distribution structure.
Core Mechanisms of SPARTANS
Unified Liquidity Pool
All participant funds are combined into a single strategy pool.
The system executes all trading actions centrally, including:
- Opening positions
- Adding positions
- Reducing positions
- Closing positions
Rather than placing separate orders for each user.
Share-Based System
When you deposit funds:
The system calculates the number of shares you receive based on the current NAV (Net Asset Value per share).
Your profits and losses are determined according to:
Your proportional share ownership within the pool.
Unified Profit & Loss Distribution
Once strategy positions are closed:
The system will calculate:
- Realized PnL
- Updated NAV
- Changes in participant balances
User balances are then updated automatically.
Profit Sharing Mechanism
Certain SPARTANS bots are subject to a Profit Sharing mechanism.
When a strategy generates positive returns during a specific settlement period, the system will automatically calculate and deduct profit sharing based on the ratio displayed on the bot page, as compensation for the strategy provider’s services.
Profit Sharing Operational Mechanism
When the bot’s Net Asset Value (NAV) after a single position close exceeds its historical highest NAV (High-Water Mark, HWM), and there is distributable realized profit available, the system will trigger the profit sharing mechanism and reserve the corresponding profit sharing amount in advance by transferring it to the official profit-sharing account.
The deducted profit-sharing amount will be settled and distributed to the bot manager’s funding account every Monday (UTC+0).
Distributable Amount Calculation
- Distributable Amount = max(0, Current Realized PnL − Unrealized Loss)
- Profit Sharing Amount = Distributable Amount × Profit Sharing Ratio
The realized profit that has already been subject to profit sharing will be deducted from the cumulative realized PnL.
Any remaining realized profit that has not yet been distributed will be carried forward to the next settlement cycle and continue to be included as part of the cumulative realized PnL calculation for the following period.
Why Does SPARTANS Avoid Slippage and Missed Orders?
Because SPARTANS is not a traditional copy trading system.
In traditional copy trading:
- Each user places orders separately
- The larger the user base, the larger the execution discrepancies
In SPARTANS:
- The entire pool executes a single real market trade
- Orders are not repeatedly copied across users
This significantly reduces:
- Slippage
- Execution delays
- Missed orders
- Performance discrepancies between users
This is a key advantage that traditional copy trading systems typically cannot achieve.
When Can I Deposit?
You may submit a deposit request at any time.
However, to ensure:
- Fair NAV calculations
- Accurate profit and loss allocation
- Prevention of unfair mid-position entries affecting existing participants
Funds are allocated during the next Open Window period, which currently occurs once every hour.
Why Aren’t Deposits Processed Instantly?
Because SPARTANS operates under a unified liquidity pool structure.
Allowing users to enter during active positions could result in:
- Unfair share calculations
- Disputes over unrealized PnL allocation
- Imbalanced profit distribution between old and new participants
Therefore:
New deposits are processed during scheduled allocation windows.
When Can I Withdraw?
You may submit a withdrawal request at any time.
Withdrawal requests are processed after:
All active strategy positions have been fully closed.
Why Do Withdrawals Require Waiting?
This mechanism ensures:
- Accurate share calculations
- Fair treatment across all participants
- Prevention of NAV distortion during active positions
Because SPARTANS trades through a unified liquidity pool:
The system cannot partially separate active positions for individual users.
Therefore:
Withdrawals are processed only after the current trading cycle has completed.
How Long Does It Usually Take?
Different bots may operate with different trading strategies and holding periods.
- Short-cycle strategies may close positions within a few hours
- Medium- or long-cycle strategies may hold positions for several days
Withdrawal requests are processed collectively after positions have been closed.
However, under rare market conditions such as:
- Extreme volatility
- Highly volatile market environments
- Low liquidity conditions
- Long-duration holding strategies
Processing times may be extended.
Will the Platform Intervene?
If withdrawal queues remain unprocessed for an extended period:
The platform reserves the right to initiate risk management measures, including but not limited to:
- Reducing positions
- Partial position closures
- Forcefully ending trading cycles
To protect participant funds and maintain overall system stability.
What Is NAV (Net Asset Value)?
NAV represents:
The actual asset value of each share unit.
The system dynamically calculates NAV based on:
- Total pool assets
- Realized PnL
- Unrealized PnL
What Are the Risks?
Cryptocurrency derivatives trading involves substantial risk.
Before participating in SPARTANS, please fully understand the following risks:
- Extreme market volatility
- High leverage risk
- Liquidation risk
- Liquidity risk
- Systemic risk
- Extreme market event risk
- Strategy failure risk
Under extreme conditions:
You may lose part or all of your funds.
Comments
0 comments
Article is closed for comments.