Spot is a low volatility store of value that works by perpetual tranching. It was born out of the belief that a sufficiently stable decentralized flatcoin could eliminate inflation. The SPOT:USDC LP position on Uniswap V3 exposes holders to limited volatility in exchange for higher sustainable yields. Providing liquidity for stablecoin pairs is one of the best ways to generate real yield in DeFi today. Spot's liquidity provisioning yield is harvested from price volatility, allowing it to persist through sideways markets, unlike typical high-yield stablecoin programs that rely on demand for leverage which disappears in bear markets.
