Stable Points (SP)
Stable Points (SP, also known as Spree Points) are a commerce-stable point, backed 1:100 by USD and redeemable at any of the 2M+ trusted merchant partners in the Spree Network.
SP unifies stablecoin liquidity into a single asset, making it easy to spend in a walled-garden commerce ecosystem—eliminating the friction of dealing with multiple stablecoin types.
Key Properties
Backed 1:100 by USD
One dollar’s worth of stablecoins backs 100 Stable Points, establishing a firm price peg to $1.00 = 100 SP.
Partners can seamlessly convert existing stablecoins (e.g., USDC, USDT, DAI) into Stable Points at this fixed ratio.
Commerce Medium of Exchange
All merchants in the Spree Network accept Stable Points for goods and services.
This single, universal token removes the fragmentation seen with multiple stablecoin options.
Settlement is near-instant and straightforward from a compliance standpoint, since all transactions stay within the Spree ecosystem.
Walled-Garden Ecosystem
Stable Points earned by users typically remain within the Spree Network—merchants accept cryptocurrencies, then recirculates SP as loyalty rewards, discounts, or credits.
Because it’s a closed system, everyone (merchants, dApps, users) has confidence in the origin and legitimacy of each transaction, simplifying compliance.
Easy Integration & Compliance
By using a unified commerce stable token, merchants and partners streamline accounting, reporting, and regulatory obligations.
Funds remain trackable within the network, offering more transparent transaction flows compared to handling multiple external stablecoins.
Complementing Spree Credit
When merchants tap Spree Credit (e.g., tokenizing accounts receivables), everything settles in Stable Points, instantly usable across the network.
Consumers who borrow or earn SP can spend it directly, preserving their original crypto assets or loyalty points.
Core Use Cases
Loyalty Mechanism
Crypto Cash-Back: Analogous to cash-back on credit cards, but for the Spree ecosystem.
Bookit: Earn Stable Points as crypto cash-back after booking travel packages, then redeem them at partner hotels, airlines, or experiences.
Engagement Currency
MyTapRewards: Users spend Stable Points on music-themed sweepstakes and special, “money-can’t-buy” fan experiences.
Drives user participation and loyalty by converting a purely virtual reward into a widely accepted commerce token.
Incentive Mechanism
AMM / Liquidity Pool Rewards: A protocol can reward liquidity providers or traders with SP instead of its own token.
Reduces direct selling pressure on a native token, while still offering a valuable incentive to users.
Marketing Strategy
NFT Mints or Web3 Game Launches: Partners can drop Stable Points as a reward for purchases, early engagement, or referrals.
Spree’s merchant network lets these tokens be redeemed for real-world products and experiences—much more attractive than a typical vanity NFT reward.
Why Stable Points?
Unified Stable Liquidity: No more juggling various stablecoins; Stable Points unify everything into a single, widely-accepted currency across 2M+ merchants.
Trusted Merchant Network: Every merchant in the Spree ecosystem has met strict onboarding requirements, giving users confidence that their transactions are safe.
Financial Products & Ecosystem Growth: Stable Points are the backbone of advanced offerings like Spree Credit and tokenized loyalty solutions, driving further innovation in crypto commerce
Stable Points are the linchpin of Spree’s commerce ecosystem—designed to simplify stablecoin usage, foster trust among merchants and consumers, and power a vibrant loyalty and credit system. Whether it’s tokenizing loyalty points, incentivizing liquidity pools, or simply buying everyday goods, Stable Points ensure a frictionless and trustworthy on-chain commerce experience.
Last updated