The time has come Spartans!! A huge development for Sperax is now live!!
When you stake your SPA it will be converted into veSPA to earn rewards. Lock up your SPA for longer periods of time for even greater rewards!
The rewards come in the form of more SPA! Rewards are generated through multiple sources;
-100% of protocol fees
– 50% of yield generated
– Sponsored SPA rewards
This will create various benefits for the SPA/USDs ecosystem and their holders. SPA stakers realize new revenue streams, massive SPA buybacks from the protocol, supply shock from lockups, and long term incentive alignment!
This team continues to deliver! Come be a part of the action!