Spree Finance
Brands and protocols use Spree to convert stablecoins into programmable loyalty infrastructure.
For Web3 Ecosystems
DeFi protocols, wallets, and gaming platforms spend millions on airdrops. Average 30-day retention from those airdrops is below 5%. Mercenary capital claims rewards and exits.
Spree replaces airdrops with conditional rewards (Pending SP) tied to on-chain actions: TVL holds, swap volume, staking duration. In pilots, this approach has reduced budget waste by 35% or more compared to unconditional token distributions.
Products for Web3:
Pending SP (pSP) for conditional rewards with budget recycling
Bonus Rewards for optional revenue sharing with users
Status and Tiers for loyalty programs with TWAB-verified holding
SP Lending for borrow-against-loyalty flows via Morpho Blue
For Brands and Commerce
Traditional loyalty SaaS costs $500K to $2M upfront, plus $200K to $1M in implementation, and takes 6 to 18 months to deploy. Most brands never see positive ROI.
Spree charges $0 upfront. Brands fund campaigns with stablecoins and pay fees on redemption. A ticketing company processing 23 million tickets per year or a hospitality chain with regional properties can launch a loyalty program in weeks instead of quarters.
Products for Brands:
Branded SP for whitelabeled loyalty tokens (e.g., FLY Points, EVENT Rewards)
Pending SP (pSP) for conditional rewards (purchase confirmation, event attendance)
Boost Engine for tier-based reward multipliers
How It Works
Deposit stablecoins. A brand or protocol deposits USDC (or another supported stablecoin) to mint SP at a 1:1 rate.
Create campaigns. Configure reward conditions: hold SP for 30 days, attend an event, complete a swap. Fund the campaign with SP.
Distribute Pending SP. Users receive pSP tokens representing conditional rewards. Conditions are enforced on-chain.
Settle or recycle. When users fulfill conditions, pSP converts to SP. Unfulfilled pSP expires and the budget recycles back to the campaign.
Fee Schedule
Mint SP from stablecoins
0%
Convert SP to Branded SP
0%
Convert Branded SP to SP
0.25%
Distribute pSP
0.20%
Finalize pSP (settle)
0.20%
Redeem SP to stablecoins
0.50%
Get Started
Why Spree? for the full rationale
Products for the product index
How It Works for architecture and contracts
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