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Weekly Updates for Sperax and Demeter Protocols

Mon 21st Oct 2024
**Key Updates for Sperax and Demeter:** - USDs stablecoin continues to generate auto-yield for holders - Demeter protocol enhances DEX liquidity management for DAOs - Both protocols maintain focus on Arbitrum Layer-2 ecosystem **Notable Metrics:** - USDs TVL and user adoption trends - Demeter's impact on DAO liquidity pools **Ongoing Developments:** - Potential expansion to other blockchain platforms - Improvements in protocol efficiency and user experience *Stay tuned for more detailed metrics and progress reports in the coming weeks.*
Community article

SIP-68 Passed: Demeter 2.0 Farms and Emissions Transition

Tue 15th Oct 2024
**SIP-68 has been approved**, marking a significant step towards sustainable growth for Sperax. The proposal focuses on transitioning Demeter 2.0 Farms and Emissions to a more sustainable reward structure. Key points: - Rewards will now align with TVL for consistent incentives - The change aims to support long-term growth - Implementation of the new structure will be completed soon The Sperax community played a crucial role in this decision, with voting taking place over the past few days. This update represents a collective effort towards enhancing the protocol's sustainability and efficiency. For more details on the changes and their implications, visit the Sperax forum or official channels.
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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