Accelerating the Open Metaverse_

Outlier Ventures
Outlier Ventures

Smart Contract Engineer



Posted on Thursday, June 8, 2023
About the Company
Sperax is the leading stablecoin yield-automation protocol on Arbitrum. Users can mint USDs, a 100% collateralized stablecoin with other crypto assets like DAI, VST, USDC, and Frax. USDs is fully on-chain and generates organic yield for its holders by depositing collateral into various delta-neutral DeFi strategies. The yield is passed back to holders via a gasless rebase, unlocking the power of compound interest with no action necessary from the end user.
The SPA token is the governance token of the Sperax protocol. SPA token holders can benefit by staking SPA to gain governance power in the Sperax DAO. SPA is also a revenue-sharing partner of Sperax USD (USDs). A portion of the yield generated from USDs collateral is passed back to stakers of SPA, another portion is burned. This aligns incentives between the governors of the protocol, the SPA stakers, and USDs holders. 
Sperax USD launched the Demeter protocol in November 2022, a no-code farm launcher on Uniswap V3 and Camelot. Anyone can build their own fully incentivized farm without coding or technical expertise. The Demeter protocol is fully audited and permissionless, serving as a key piece of decentralized infrastructure.
Sperax USD launched Gauge, in February 2023, a reward mechanism that emits SPA rewards to USDs trading pairs on Demeter. SPA gauge emits a predetermined amount of SPA each month. veSPA (staked SPA) holders vote to decide how the SPA rewards are distributed across the USDs pools. Any project can bribe veSPA voters to drive more emissions toward their farms.
For more information visit our Website at https://sperax.io/, or check out our dApp at https://app.sperax.io/.
Roles and Responsibilities
  • Drive high-level decisions about Sperax Protocol architecture, incentive structures, and features in collaboration with the Product and Economics Research team
  • Design/implement secure and reliable smart contracts in Solidity
  • Architect, implement, test, and audit protocol upgrades and additions
  • Research on multiple blockchain protocols
  • Work in a fast-paced team to develop and iterate on new features
Our Requirements/ Qualification and Skills
  • 3+ years of development experience and at least 1 year of Smart Contract developer experience in solidity
  • Solid experience in delivering resilient and secure code in Solidity
  • Knowledge and experience in the test-driven development
  • Very good understanding of Blockchain technologies
  • Familiar with the common Smart Contract vulnerabilities
  • Solid understanding of Ethereum infrastructure, e.g. Gnosis, TheGraph
Equal Opportunity:
We’re proud to be an equal opportunity employer. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Apply today and let us know what makes you unique!
Hiring Process:
  1. Introductory Call
  2. 1st Technical Discussion
  3. 2nd Technical Discussion
  4. Offer