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.

Jul 08, 2024 SPOT Protocol raised $ 1 M in strategic financing.

Spot

SPOT is an inflation-resistant store of value

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