Memes are a cornerstone of the crypto universe, and now you have a chance to win by creating your own meme! Sperax is hosting a meme contest with a prize pool of 100,000 SPA in the form of veSPA (100 000 SPA with a 1-year time lock). While the Contest…

SPArtans ⚔ Welcome back to the monthly News The month of May has brought opportunities and progress. The Sperax community is at the juncture of bringing new adoption to our core products — USDs and Demeter. USDs had an average Auto-yield of 11.03%, and Demeter crossed $2M total value locked. Read on to learn about the developments. Demeter Camelot Integration is Live We…

SPArtans ⚔ Welcome back to the monthly News April brought attention. We as a community have the unique opportunity to convert this attention into real adoption of our core products: Demeter and USDs. This month brought an additional $43,812 in revenue and USDs had an average auto yield of 10.72%! Read to learn about the progress this month. ARB airdrop delivered …

Arbitrum liquidity providers and DAOs can soon use Demeter.sperax.io to stake Camelot LP tokens, launch new yield farms, and bribe for SPA emissions. DAOs use Demeter to flip economic forces in their favor. Benefits include reducing overall liquidity expenditure and selling pressure on the native DAO token. By adding Camelot…

SPArtans ⚔ Welcome back to the monthly News March was a month full of massive wins for the Sperax community! The most notable is the 1.8M ARB allocation during the Arbitrum token generation and airdrop event. Read to learn about the airdrop and traction of USDs, Demeter, and SPA gauges. SperaxDAO receives 1.8M ARB This month the Arbitrum Foundation conducted its token…

Since the launch of SPA Gauges, we have seen tremendous growth and participation from the Arbitrum community. This article brings the reader through high level Demeter / SPA Gauges strategy, key performance metrics thus far and what the future may hold for this Arbitrum-native liquidity management protocol. Who Uses Demeter Demeter protocol and…

SPArtans ⚔ Welcome back to the monthly News February was a month of firsts within the SperaxDAO community. This month marked the launch of the DEX-agnostic SPA gauge, the first bribes were added to the gauge and a crisis was averted. USDs circulating supply peaked at 2.5M in Feb with an average Auto-Yield rate of 11.74% …

The SPArtans are being given a new tool to improve Arbitrum liquidity, provide a launchpad to propel young projects, and protect Arbinauts against bad actors ⚔️ Introducing SPA Gauge The SPA Gauge is the newest feature on Demeter.sperax.io. Demeter exists for Arbitrum projects to execute fair token launches and acquire deep, on-chain liquidity…

GNS, gDAI and SPA rewards are LIVE on Demeter Gains Network and SperaxDAO have kicked off their partnership by providing GNS, SPA and gDAI to boostrap the gDAI/USDs pool. The rewards can be claimed by staking a gDAI/USDs LP token on Demeter (by Sperax). gDAI is the collateral token for…