Sphere collects a yield from our own transactions by strategically buying back its own liquidity. This creates a flywheel effect that continually builds our treasury and benefits our holders. Holders of the Sphere token enjoy exposure to a diversified portfolio of cryptocurrency projects. The primary utilities, products, and services of the Sphere protocol and investment platform.
Binance is constantly reviewing and adding cryptocurrencies that can be used on the Binance platform. If you would like to buy Sphere Finance, which is currently not listed on Binance, you can follow the step-by-step guide below. It will show you how to buy Sphere Finance by connecting your crypto wallet to a decentralized exchange using your Binance account to buy the base currency. Our dynamic tax system ensures that no one person can cause massive swings in price. Register and set up the crypto wallet via the wallet’s Google Chrome extension or via the mobile app you downloaded in Step 1. Make sure to keep your seed phrase safe, and take note of your wallet address.
“Flywheel” Liquidity
As the ecosystem volume grows each sister protocol feeds fees into Sphere of which some are stored in the treasury and others are used to burn Sphere. More volume across sister protocols means bigger and more frequent burns. There are several crypto wallets to choose from within the Polygon/Matic network and TrustWallet appears to be the most integrated. If you are using a desktop computer, you can download Google Chrome and the wallet Chrome extension. If you prefer using your mobile phone, you can download the wallet via Google Play or iOS App Store if it’s available. Just make sure that you are downloading the official Chrome extension and mobile app by visiting the TrustWallet’s website.
More than just a standalone protocol, Sphere is accelerating an entire ecosystem of DeFi innovation. With a vast ecosystem powered by deflationary tokenomics, Sphere is poised for scaling up adoption. Web3 investment dashboard with utilities and open Discord server to build the community. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control.
Invested in Investor Confidence
Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. Once your wallet is setup, you can login to your binance account and proceed to the Buy & Sell crypto webpage to buy the Polygon/Matic. If you are not an existing user, you can refer to our How to Buy Polygon/Matic guide on registering and buying your first cryptocurrency on Binance.
Click the withdraw button and wait for your Polygon/Matic to appear in your TrustWallet.
How to Buy Sphere Finance (SPHERE) Guide
Borrow up to 11x on LP tokens with our cross-margin lending protocol. As more burns happen and more people lock up $veSPHERE for the rewards and governance Sphere becomes increasingly scarce. Sphere Finance’s vision is an ecosystem that encompasses the many opportunities of DeFi, but only by building the best versions of each. Implement deflationary tokenomics through “buy back and burn” bots.
The Sphere Ecosystem
Sphere’s meteoric pre-launch events were an early sign of the protocol’s potential. As with all investments, it’s always best to DYOR, or Do Your Own Research, before jumping in. There are several DEXs to choose from; you just have to make sure the wallet you selected in Step 2 is supported by the exchange. For example, if you use TrustWallet wallet, you can go to 1inch to make the transaction. Once you buy your Polygon/Matic, go to your Binance wallet section and look for the Polygon/Matic you purchased. Set the network to Polygon/Matic, provide your wallet address and the amount you want to transfer.
$SPHERE becomes a single token that, while staked, accumulates mixed rewards across sister projects. With the flywheel built, we deploy marketing to build awareness of Sphere, and drive adoption. Any single sister protocol succeeding feeds into the entire ecosystem exploding adoption. Sphere’s treasury accumulates tokens from various sister projects and builds the treasury value overtime.