Spot

Spot

SPOT
Spot is a decentralized, inflation resistant store of value that fills the gap between speculative cryptocurrencies and dollar substitutes. It builds on top of the Ampleforth and Buttonwood protocols and it is governed by FORTH. It is decentralized, does not rely on offchain custodians. SPOT can wind down to 0 users and reboot. Since SPOT is simply a proportional claim on a set of assets, it can never be undercollateralized.

Key Info

  • 2021 Founded2021 Founded
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  • Web3 Address

Credibility

Github Verified
Github Verified

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Activity Timeline

Team

Investments

Venture Round
Jul 08, 2024
1,000,000

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