Background

SperaxDAO

Sperax USD (USDs) is the primary protocol under the SperaxDAO. USDs is a stablecoin that generates auto-yield natively. Currently, USDs is live on Arbitrum, the largest Layer-2 Ecosystem of Ethereum. It has achieved $20M TVL in the first 2 months since launch. Eventually, Sperax will build a system of interoperability so that USDs will be natively deployed to all major blockchain platforms.

The highlights of this protocol:

  1. Auto-yield - Users holding USDs in their wallets automatically earn organic yield. The end user requires no staking. Users do not need to spend gas calling the smart contract to claim their yield.
  2. Layer 2 native — Cheaper transaction fees on Arbitrum make this protocol retail investor-friendly
  3. Fully Backed Model - USDs is 100% backed by a diversified basket of whitelisted crypto assets (stablecoins)

Demeter protocol enables DAOs to launch and manage decentralized exchange (DEX) liquidity pools and farms on platforms like Uniswap V2, Uniswap V3, Camelot V2, Camelot V3, and Balancer V2. The protocol simplifies the process of incentivizing liquidity for the DAOs' native tokens without requiring coding expertise. Demeter automates the creation, management, and reward distribution for liquidity pools, providing support in engineering, marketing, and financial incentives

Sperax is backed by Polychain Capital, Jump Trading, Amber Group, Outlier Ventures and, Steve Aoki.

Integrationstwitter

Token Sniffer Updates $SPA Safety Score Following SIP-70

Thu 8th May 2025
Token Sniffer has recognized Sperax's recent decentralization efforts by updating $SPA's safety score to 50/100. This update follows the implementation of SIP-70, which included the renouncement of ownership. The improved safety rating is now reflected across multiple platforms: - Token Sniffer's direct assessment - Dexscreener's integrated safety metrics - Other platforms pulling Token Sniffer data This development marks a tangible step in Sperax's commitment to transparency and decentralization, building on their November 2024 update that focused on exposing token ownership patterns. Learn more about Sperax's safety metrics on [Token Sniffer](https://tokensniffer.com)
Community article

Sperax Protocol: Auto-Yield Stablecoin on Arbitrum

Thu 8th May 2025
Sperax USD (USDs) introduces an innovative auto-yield stablecoin protocol on Arbitrum. Key features include: - **Native yield generation** without staking or manual claims - **Layer 2 efficiency** with reduced gas fees on Arbitrum - **100% backing** by diversified stablecoin assets The protocol's Demeter component enables DAOs to manage DEX liquidity pools across Uniswap and Camelot platforms without coding requirements. Notable backers include Polychain Capital, Jump Trading, and Steve Aoki. *Currently at $20M TVL within 2 months of launch.*
Community article

Sperax Protocol Updates and Development Progress

Mon 31st Mar 2025
Sperax continues steady development of its USDs stablecoin on Arbitrum. The protocol maintains its core features: - **Auto-yield generation** for holders without staking - Native Layer 2 integration on Arbitrum - 100% backing by diversified stablecoin basket Recent launches include PWA applications for both iOS and Android platforms, improving accessibility. The Demeter protocol now enables DAOs to manage DEX liquidity pools across Uniswap V2/V3, Camelot V2/V3, and Balancer V2 without coding requirements. USDs demonstrates stability by providing consistent yields during market volatility.
Community article

Earn Passive Income with DeFi: A Simplified Guide by Sperax

Mon 5th May 2025
**Sperax** introduces a streamlined approach to earning passive income through DeFi lending. The protocol offers three key advantages: - **Auto-yield generation** without manual staking or gas fees - Native integration with **Arbitrum Layer 2** for reduced transaction costs - **100% backing** by diversified stablecoin assets The Demeter protocol enables DAOs to manage DEX liquidity pools across multiple platforms including Uniswap and Camelot. This automated system handles pool creation, management, and reward distribution. *Backed by industry leaders* including Polychain Capital, Jump Trading, and Steve Aoki.

USDs Maintains Yield Generation During Market Volatility

Mon 28th Apr 2025
Sperax's USDs stablecoin continues to demonstrate resilience by maintaining yield generation even during market downturns. The protocol offers three key features: - **Auto-yield generation** without staking or manual claims - **Layer 2 integration** on Arbitrum for reduced fees - **100% backing** through diversified stablecoin assets The protocol's stability mechanism has proven effective through recent market fluctuations, providing consistent returns to holders. USDs operates on Arbitrum, offering lower transaction costs compared to Layer 1 solutions. *Current deployment shows $20M TVL within first 2 months of launch.*
Community article

Sperax Progressive Web App Now Available on Android and iOS

Thu 24th Apr 2025
Sperax has expanded its accessibility by launching Progressive Web Applications (PWA) for both Android and iOS platforms. The PWA launch enables users to access Sperax's auto-yield stablecoin protocol directly through their mobile devices, offering a more streamlined experience compared to traditional web access. Key Features: - Native mobile access to USDs stablecoin - Automatic yield generation without staking - Full integration with Arbitrum Layer-2 network - Compatible with both Android and iOS devices The platform continues to maintain its fully-backed model with 100% stablecoin collateralization on Arbitrum.
Community article

USDs/USDT and SPA/USDT Trading Pairs Launch on Biconomy

Tue 15th Oct 2024
Biconomy Exchange has introduced new trading pairs for Sperax USD (USDs) and SPA tokens against USDT. This development expands trading options for these assets on the platform. Key points: - USDs/USDT pair now available - SPA/USDT pair also added - Trading accessible via Biconomy's exchange This listing follows a trend of exchanges expanding USDT trading pairs, as seen with recent additions on other platforms. Traders interested in these new pairs can visit Biconomy's exchange to start trading.
Community article

Sperax September Newsletter: Exciting Progress and Future Plans

Tue 15th Oct 2024
Sperax's September newsletter highlights recent achievements and upcoming developments: - Exciting listings and community wins - Progress in Prompt Inc testing - Optimization of AI Call Path - New features on the horizon Key points: - USDs stablecoin generates auto-yield natively - Currently live on Arbitrum, the largest Layer-2 Ecosystem of Ethereum - $20M TVL achieved in first 2 months since launch - Plans for interoperability across major blockchain platforms Stay tuned for more updates and developments in the coming months!
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