> For the complete documentation index, see [llms.txt](https://spree-finance.gitbook.io/spreefinance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://spree-finance.gitbook.io/spreefinance/products/products.md).

# Products

Spree is a modular system. Each product addresses a specific piece of the loyalty and rewards lifecycle. Use one at a time or compose them together.

### Core Infrastructure

The foundation layer. These tokens and contracts handle minting, redemption, and collateral management.

* [**Stable Points (SP)**](https://github.com/Spree-Finance/spree-docs/blob/main/products/stable-points/README.md) -- The base ERC-20 loyalty token, 1:1 backed by stablecoins. All other Spree products build on SP.
* [**Branded SP**](https://github.com/Spree-Finance/spree-docs/blob/main/products/branded-sp/README.md) -- Whitelabeled tokens for individual brands (e.g., FLY Points, EVENT Rewards). Each branded token is 1:1 backed by base SP and interoperable across the coalition.
* [**Pending SP (pSP)**](https://github.com/Spree-Finance/spree-docs/blob/main/products/pending-sp/README.md) -- Conditional reward tokens with campaign-scoped budgets. pSP settles to SP when conditions are met, or expires and recycles the budget.

### Rewards and Engagement

Products that drive retention and recurring engagement.

* [**Bonus Rewards**](https://github.com/Spree-Finance/spree-docs/blob/main/products/bonus-rewards/README.md) -- Optional revenue sharing from stablecoin reserves. Brands choose whether to distribute bonus rewards and set eligibility criteria for their users.
* [**Status and Tiers**](https://github.com/Spree-Finance/spree-docs/blob/main/products/status-tiers/README.md) -- On-chain tier registry calculated from SP balance and holding duration (TWAB). Tiers unlock multipliers and access gates.
* [**Boost Engine**](https://github.com/Spree-Finance/spree-docs/blob/main/products/boost-engine/README.md) -- Tier-based reward multipliers applied across all distribution channels. Higher tiers earn larger shares of every reward.

### Financial Products

Products that expand SP into DeFi primitives.

* [**SP Lending**](https://github.com/Spree-Finance/spree-docs/blob/main/products/sp-lending/README.md) -- Morpho Blue-powered lending markets. Lend SP to earn interest, borrow USDC against SP collateral, or use reward-subsidized loan paydown.