About Spectra

Spectra is an open-source, EVM-based protocol designed for interest rate derivatives. It facilitates permissionless pool creation, yield trading, and the establishment of fixed interest rates. Users can secure fixed rates on their yield strategies, trade and arbitrage interest rates across DeFi platforms, and boost their earnings by providing liquidity. The protocol is governed by the SPECTRA token, which, when locked, becomes veSPECTRA, granting voting power in governance decisions and access to weekly gauges. Spectra's open nature encourages developers to build on its foundation, fueling innovation in the DeFi space.