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

OptiFAI Expands to BSC with Stablecoin Integration

Mon 31st Mar 2025
OptiFAI continues its expansion, now integrating with Binance Smart Chain (BSC) and stablecoins. This follows recent developments with Sperax's USDs auto-yield stablecoin protocol. Key updates: - BSC integration marks OptiFAI's multi-chain growth - New stablecoin features being implemented - Builds on previous Sperax partnership announced June 1st The expansion enhances OptiFAI's cross-chain capabilities while leveraging BSC's established stablecoin ecosystem. This development aligns with the protocol's goal of improving DeFi accessibility.
Community article

OptiFAI Beta Launch: Simplifying DeFi Yield Optimization

Thu 29th May 2025
OptiFAI, a new yield optimization platform, has launched its beta version with a focus on simplifying DeFi interactions. Key features: - User-friendly interface for managing DeFi investments - Automated yield optimization tools - Built on Arbitrum for lower transaction fees The platform aims to streamline yield farming while maintaining security. Users can explore the beta at [OptiFAI Beta](https://optifai.beta.sperax.io), but are advised to proceed cautiously with limited funds during this testing phase. A detailed roadmap is available at [Sperax Blog](https://sperax.io/blog/optifai-roadmap). *Ready to try? Visit OptiFAI Beta now to explore simplified DeFi.*
Community article

Sperax USD (USDs) Launches Auto-Yield Stablecoin Protocol on Arbitrum

Thu 15th May 2025
Sperax has introduced USDs, an innovative stablecoin protocol on Arbitrum that generates automatic yield without requiring staking or manual claims. Key features: - **Auto-yield generation** directly in user wallets - **100% backing** by diversified stablecoin basket - Native to Arbitrum L2 for reduced gas fees - $20M TVL achieved within 2 months of launch The protocol is supported by notable backers including Polychain Capital, Jump Trading, and Steve Aoki. Through Demeter protocol, DAOs can easily manage DEX liquidity pools across Uniswap, Camelot, and Balancer platforms.
Community article

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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