Founded in 2020, Sperax is a Layer 2 blockchain (Arbitrum) powered ecosystem committed to financial inclusion, growth, and stability through innovative DeFi solutions. At its heart are USDs, a 100% collateralized stablecoin offering passive yield, and SPA, the native utility and governance token. SPA powers the ecosystem, enabling community-driven decisions on Snapshot. USDs is backed by stablecoin assets (USDT, USDC, USDC.e) which are fiat-collateralized - ensuring greater stability and safety.