將 Sperax SPA 轉換為 Tenset 10SET

SPA 是 Sperax 生态系统的治理代币。Sperax 是一种在 Arbitrum 上构建的 DeFi 协议，可以铸造 Sperax USD，这是一种具有“自动收益”生成功能的稳定币。用户必须质押 SPA 代币才能参与 Sperax DAO。 Sperax 生态系统由组成 Sperax DAO 的 SPA 质押者或 veSPA 持有者进行治理。

Tenset is a blockchain infrastructure and launchpad platform established in 2021, recognized for its $10SET token and dedicated regional communities across Europe and Asia. The project has raised over $100 million through public and private offerings and achieved a peak token market capitalization exceeding $1 billion. Following its strategic merger with Redacted Group in October 2025, Tenset serves as the technical and distribution arm of the combined Redacted-Tenset ecosystem. This merger unites Tenset's proven launchpad infrastructure with Redacted's multi-vertical Web3 reach and institutional-grade RWA expertise. Tenset continues to support curated token launches (transitioning from ICOs to OmniLaunch, with historical gains exceeding 15x) while expanding into Real-World Assets (RWAs) for sustainable, crypto-cycle-independent growth. Foundational RWA pillars include CineFi, decentralized film financing with deal flow curated by a media powerhouse (Mugafi) with deep OTT partnerships. Additional verticals are in development to deliver diversified, tangible-asset exposure accessible to the community. The $10SET token remains the native multi-cycle utility and access token (since 2021), granting holders tiered participation rights, priority access, and involvement in vetted token launches and RWA opportunities within the merged ecosystem. This hybrid model bridges established crypto launch capabilities with on-chain real-world value creation, backed by a combined reach of 19 million users across Web2 and Web3.