With plsSPA, Plutus collects SPA, max locking for governance power in the Sperax ecosystem. This opens the SperaxDAO to sophisticated governors while offering new rewards. — On launch day, the Sperax foundation will provide 10M SPA to mint plsSPA. The new plsSPA will be paired against 10M SPA on Sushiswap. Read more about the collaboration below.

Since Roadmap Part 2, the Sperax team has delivered ahead of schedule. See where the protocol is headed by the end of 2022. — On June 15, the Sperax team published Roadmap Part 2, with anticipated delivery by the end of the year. Below is a list of the roadmap deliverables, their purpose, ultimate community vision, and development progress thus far. Deliverables Mentioned in Roadmap P2 Off-Chain Governance ✅

SPA stakers act as capital allocators with Sperax DAO. How will the community direct capital to balance risk tolerance and value accrual? — TL;DR Good risk management = funded auto-yield and hefty revenue split SPA stakers become capital allocators with the new governance structure. For the first time, the community is voting on diversifying stablecoin collateral in the USDs protocol. The strategy will fund Auto-Yield generation, slightly increase fund risk tolerance, and produce…

Sperax reloads the USDC / USDs pool with a 4M SPA budget. — To encourage healthy liquidity for USDs swaps and a stable peg, we are rolling over the Uniswap v3 Uniswap farm. This pool is perfect for users looking to protect their principal during the bear market while continuing to capture upside benefit. Users willing to lock their positions can guarantee returns…

In crypto, harsh market conditions prove longevity for projects that can withstand the test of volatility. While prices may swing, the team at Sperax is steadily moving forward, with a clear vision for the future. With new farms, tradfi fintech partnerships, a robust community and a clear roadmap, the team…

Sperax introduces the Sperax Improvement Proposal, and the foundation of the Sperax DAO is born. — As outlined in the H2 Roadmap, Sperax is committed to automating the collateral deployment process and decentralizing decision making via DAO. As a major step towards a fully deterministic DAO, we are launching off-chain governance. …

The DeFi Mullet puts Fintech in the front and DeFi in the back. — TL;DR Sperax USD is powering Investment apps like Streetbeat with full collateralization & organic yield generation. These fintech partnerships offer DeFi to the masses while driving value to SperaxUSD. Usage on Streetbeat = higher protocol TVL = yield revenue increase = more SPA bought back and sent to SPA stakers. Fintech in the Front, DeFi in the Back

This post-mortem aims to identify and clarify exactly what initiated yesterday’s SPA selloff. Please refer to this as a living document that will be updated as we proceed with our investigations. The entire Sperax team is operating as transparently and efficiently as possible. We would like to assure the community…

What has Sperax achieved since Roadmap Part 1? Single Sided $SPA Farming ✅ Tokenomics (veSPA) Upgrade ✅ Arbitrum DEX liquidity ✅ Arbitrum pegged AMM liquidity✅ Data Dashboards ✅ On-Ramp Partners ✅ Auto-Yield Stabilizer ✅ DeFi Perpetuals Partnership 🔄 Collateral Diversification 🔄 Sperax is dedicated to delivering our mission. How are we responding to this new market? Since the Luna unraveling and crypto market crash, the Sperax…