Article Summary, Automatically Generated By AI
About Sperax USD
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Auto-yield:
Users earn organic yield without staking or claiming, with yield distributed directly to their wallets. -
Layer2-native:
Cheaper transaction fees on Arbitrum make it retail investor-friendly. -
Fully Backed Model:
100% backed by a diversified basket of whitelisted stablecoins.
Numbers and Figures:
- 100%: USDs is fully backed by a diversified basket of whitelisted stablecoins.
Case Studies/Anecdotes/Examples:
- None mentioned in the text.
Vital Takeaways/Ins
About Sperax USD: A Stablecoin for the Modern Era
The Key Features of the USDS Protocol:
Automated Yield Optimization
Holders of USDs in their wallets are entitled to earn organic yield automatically, without the need for staking or claiming. Furthermore, users are not required to expend gas or dedicate time to calling the smart contract to claim their yield, as it is directly distributed to the wallets of USDs holders.
Native Layer 2 Solutions
The significantly lower transaction fees on Arbitrum render this protocol more accessible and appealing to retail investors.
A Fully Collateralized Model
The USDs are fully collateralized by a diversified portfolio of carefully selected, whitelisted stablecoins, ensuring a robust and reliable store of value.