<1/9/2021> Sperax Smart Contract Update Announcement

Dear Sperax community,

Due to a compliance-related request made by a newly-onboard partner, a world-leading custodian, Sperax is to change its recently-upgraded smart contract and re-map the SPA tokens this Saturday (1/9).

Sperax reconstructed its smart contract by eliminating one of the functions, an adjustment requested by a world-leading custodian that is currently partnering with Sperax.

Henceforth, to ensure the security of your assets, a re-mapping must be done.

• The mapping will start on Saturday (1/9) at 9 PM ET and ends on Sunday (1/10) at 12 AM ET, during which the trading of SPAs will be halted.

- For users who previously staked SPAs to a DEX (decentralized exchange) or a similar DeFi platform, please redeem your assets back to your wallet before we pause the previous contract and initiate the mapping procedure.

Otherwise, your tokens will be lost.

• After the re-mapping is complete, we will instruct all SPA holders how to check your assets on the new smart contract address.

P.S. Don’t forget that Sperax’s first multi-round community airdrop will take place in January and February 2021. Please stay tuned for more announcements coming up.

About Sperax

Sperax is dedicated to benefiting all financial lives with blockchain technology.

Sperax builds modern money with blockchain technology. With the Sperax token ($SPA) at its core, Sperax builds a crypto-collateralized algorithmic stablecoin, $USDs, and a suite of DeFi apps including a cloud earning mobile app, Sperax Play.

As always, please join our communities!

Twitter | Discord | Telegram | Telegram Korea | Medium