Originally published at: https://www.channel-sea.cc/how-this-stablecoin-has-high-yield-strategies-built-into-its-design-mechanism-cryptoslate/
Deployed on Arbitrum, Sperax USD (USDs) entered the DeFi space as the “first auto-yield stablecoin.” The Sperax protocol leverages a dual token system with a stablecoin ($USDs) and a governance token ($SPA). CryptoSlate talked to Sperax, who explained what makes the hybrid stablecoin special and in which aspects $USDs harnesses the power of DeFi to…