Hi everyone, this is David Zhao at Sperax.

May 2021 has been a rocky month for the crypto community, yet some say that such volatility is normal and to be expected from a speculative asset class that has already enjoyed immense price appreciation in such a short time.

Sperax continues to carry on following our roadmap. Read the following for our latest updates.

USDs whitepaper has been published.

We are actively soliciting feedback. Share your opinions here and win USDT 500 (100 each for 5 winners).

USDs is a novel, decentralized, hybrid, algorithmic stablecoin that will also utilize crypto collateral. It will be the first

NEW YORK — We are excited to announce that Sperax are collaborating with the University of Michigan (UMich) to undertake research on the Sperax testnet’s economics model and the Proof of Stake (PoS) blockchain system. The Sperax research team will work with a PhD student Helen (Zhihan) Wang, guided by Professor of Business Economics and Public Policy, Jagadeesh Sivadasan.

Helen is a PhD student in Business Economics. She conducts research broadly in industrial organization and empirical operations management, with a special interest in applying microeconomics methodology to Blockchain and DeFi.

Professor Sivadasan’s research interests relate to industrial organization, labor and…

We are pleased to announce that Sperax is now verified and connected to the Messari Hub in order to provide more transparency to the decentralized ecosystem. Messari is a data analytics and transparency platform that is built for both enterprises and the public centered on the future of crypto and a multi-trillion dollar asset class.

In the traditional asset world, enterprises and individuals use platforms, such as Bloomberg and Thomson Reuters, to make educated decisions and perform due-diligence. Messari is working on establishing the same level of trust in the cryptocurrency space with the Hub. …

Hi everyone, this is Frida Cai at Sperax. It has been another month since our last catch-up.

Please read our April monthly newsletter for the latest updates on: stablecoin USDs whitepaper, synthetic assets’ blueprint, mobile app Sperax Play’s latest version, governance token SPA liquidity update, grant series LIFTED — II AMA recap, and more.

Coming: USDs’ whitepaper and genesis

We worked extensively, over multiple months, to produce USDs, the first crypto-collateralized algorithmic stablecoin that produces passive income to all holders. After thorough research and a lot of data crunching, we are finally publishing the whitepaper and the timeline for the USDs genesis in the next…

NEW YORK — Hi, I am Andrew Ye, Partner of Technology Development at Sperax. With excitement, I am unveiling our latest version of Sperax Play — Play v1.1 — for our loyal Speraxians.

At the moment of writing, the user growth keeps exploding and the total users reached 400K+, while the engagement rate climbed from 6415 users/min to 8800 users/min. We unlocked this milestone only six weeks after debut.

Clarification on SPA - xp conversion

Before we dive into the amazing new features of Sperax Play v1.1, I would like to clarify the relationship between xp points and SPAs (Sperax token).

  1. You can earn xp (experience…

Hi everyone,

I am Susu Pu, Partner of Research, sharing all the exciting updates over the past month at Sperax.

Spring is finally here. So it sweeps through in crypto. Sperax, meanwhile, has been striving to be at the forefront of this fast-moving industry. In March, both our technical research (i.e.stablecoin, derivatives, Sperax Blockchain testnet, and more) and community expansion (Play users explosion, liquidity mining, etc.) have developed as scheduled.

Make sure you read until the end of the newsletter to keep up with Sperax!

In the past month on USDs, we finalized:

  1. the liquidation and swap fee structure to algorithmically adjust the minting fee and burning fee…

The Oasis Foundation will co-host the second phase of the Sperax LIFTED Grant Series, which is aimed at lowering the barrier for women entering blockchain.

To be part of the LIFTED community, please join the slack channel: lifted-org.slack.com and follow LIFTED program on twitter @LIFTED_all.

The Oasis Foundation, the organization offering technical and financial support to promote the Oasis Network ecosystem, is partnering with Sperax, the protocol providing scalable stablecoins. Together they will offer grants up to 50,000 USD to women-led projects in the blockchain space as part of the Sperax-operated LIFTED Grant Series.

The Sperax LIFTED grants are designed…

Sperax is pleased to announce that it has entered into a partnership with the Blockchain Education Network (BEN). This partnership is built on the shared commitment to provide mentorship and strategic resources to young, driven builders, entrepreneurs and blockchain enthusiasts. As a strategic partner, we are confident that the blockchain ecosystem, Sperax developer ecosystem, as well as the LIFTED grants campaign will have significantly more reach and curate a diverse and welcoming blockchain industry.

About Blockchain Education Network

The Blockchain Education Network (BEN) is the largest and longest running network of students, alumni, professors, teachers, professionals, and community leaders excited…

Hi everyone,

I am Alec, Partner of Business Development at Sperax, writing my first monthly newsletter to you all.

I am ecstatic to share our progress as we sprint toward the launch of our community application, Sperax Play, interest bearing stablecoin, USDs, and suite of decentralized, censorship resistant financial products — soon to be powered by Sperax BDLS blockchain.

Read on for a recap of February, a month that brought significant product developments and announcements for the Sperax community. …

Sperax BDLS consensus protocol

Sperax originates from BDLS, a new-generation BFT consensus protocol. It features high performance with 7–10 second finalization time and true security as the first in the blockchain industry that is secure in Type II partially asynchronous networks, which are the models closest to the real internet.

In the early 1980s, Lamport, Shostak, and Pease initiated the study of reaching consensus in face of Byzantine failures and designed the first Byzantine Fault Tolerance (BFT) protocol for synchronous (sync) networks. …

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