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Spiral Stake ๐Ÿ…ฟ๏ธ
@0xspiralstake
The Leverage Execution Layer for Digital Assets. Powered by @Morpho | @longbowlend | CA : 0xb22A893a4afDCE12871e61229130490F9422B5B6
๊ฐ€์ž… September 2024
11 ํŒ”๋กœ์ž‰ ์ค‘    2.2K ํŒฌ
The fees generated from our suite of yield strategies get accumulated to form the reserve backing the token. The reserve sits within stablecoins strategies in the Spiral Stake platform to generate yield. The reserve will never have its principal spent, only its yield ensuring SPRL always stays reserve backed. The reserve will be parked in sUSDe & T-bills, not SPRL to protect it from token & market volatility.
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