SPOT (Single Point Of Truth) is a low volatility asset (LVA) derived from AMPL that uses tranching to provide decentralized, durable, scalable stability. SPOT can be held directly as a refuge from inflation, used as a peer-to-peer digital cash, or held as alternative collateral to USDC within reserves.
To understand SPOT and the protocol we recommend watching the following videos.
https://www.youtube.com/watch?v=y0PtaMmL1I8
https://www.youtube.com/watch?v=ApZJaYxSQOM
Still eager to dive deeper? The docs will help.
https://docs.spot.cash/spot-documentation/spot-documentation/about-spot
And for the technical brains, github.