Stable Points (SP)

Plug‑and‑play Commerce & Rewards rails for any Web3 project — powered by Spree Finance's 2M+ merchant network.

Spree API (EVM) Technical Reference

Introduction

Stable Points (SP) are commerce‑stable reward points, pegged at $1.00 ≈ 100 SP, accepted across a network of 2M+ merchants out of the box. Brands can also issue Branded SP (their own label of stable points) while inheriting Spree’s points compliance infrastructure (whitelists, roles, freeze, fee policies). Partners can issue branded loyalty points (Branded SP) backed 1:1 by the universal SP token, which is collateralized by stablecoins deployed into DeFi yield strategies.

Spree offers multi-chain blockchain API and SDK services. This provides clients unified access to token operations. Key Concepts

• SP Token: Universal Spree Points token, backed $1 : 100 SP by stablecoins (e.g. USDC)

• Branded SP: Partner-specific points backed 1:1 by SP

• Factory: Smart contract managing mint/redeem operations for points

• Whitelist: Access control for mint, transfer, and redeem operations

Integration Architecture

        ┌──────────┐   ┌──────────┐   ┌──────────┐
        │   USDC   │   │   USDT   │   │   DAI    │   ... (Stablecoins)
        └────┬─────┘   └────┬─────┘   └────┬─────┘
             │              │              │
             └──────────────┼──────────────┘
                            │ Collateral
                   ┌────────▼────────┐
                   │    SP Token     │
                   └────────┬────────┘
                            │ 1:1 Backing
       ┌────────────────────┼────────────────────┐
       │                    │                    │
┌──────▼──────┐   ┌────────▼────────┐   ┌───────▼───────┐
│ Partner A   │   │   Partner B     │   │  Partner C    │
│ Branded SP  │   │   Branded SP    │   │  Branded SP   │
└─────────────┘   └─────────────────┘   └───────────────┘