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Dual token system: USDs and SPA

Sperax offers a dual token system with stablecoin USDs and its governance token SPA.



The native currency for the Sperax network and the keystone for a new, inclusive, and borderless digital economy.

Deployed via a trust minimized, highly-scalable stablecoin protocol that operates fully on-chain.

USDs is a hybrid of crypto-collateralized and algorithmic stablecoins. It is highly scalable, trustless, and will be completely decentralized after its launch.

  • SPA will be central to the stability mechanism of USDs, which is fully on-chain.

  • USDs will further invest its collateral in other audited decentralised projects to generate yields and will pass on a significant portion of that yields to its holders and SPA holders.

USDs will be launched on Ethereum and we eventually build a system of interoperability to facilitate USDs on other major blockchains.