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@sparkdotfi

7,748
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Joined February 2023
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@sparkdotfi
Spark
16 days
DeFi, but not as you know it. Let’s raise the bar. Meet the new Spark hub — Effortless, accessible, simple, at scale.
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@sparkdotfi
Spark
16 days
Get a chance to win sDAI by completing the Spark campaign powered by @Galxe ! To celebrate the launch of the new Spark app, we are thrilled to announce a gamified community campaign where the winners can get a chance to win sDAI! • Level 1 - Discovering Spark: Complete a series…
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@sparkdotfi
Spark
1 month
Spark has successfully allocated 100 million DAI in fresh liquidity from Maker via our Metamorpho vault to sUSDe/DAI and USDe/DAI markets on Morpho Blue. This liquidity, sourced from Maker’s Direct Deposit Module, is designed to provide unmatched liquidity at scale for sUSDe and…
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@sparkdotfi
Spark
22 days
We're celebrating the launch of World Chain by @worldcoin and are delighted to be partners in this project. With its launch, World Chain introduced Savings Dai (sDAI) as its native yield-bearing token, enabling users to access a predictable yield on the most robust and liquid…
@worldcoin
Worldcoin
22 days
Introducing World Chain, a new blockchain designed for humans ⚪️
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@sparkdotfi
Spark
7 months
Our brand-new website is live! Discover the home of our truly community-driven DeFi infrastructure. Visit us at ⚡️ ⚡️
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@sparkdotfi
Spark
7 months
USDC and USDT are now live on Spark with e-mode on sDAI For sDAI users, this means you can borrow USDC and USDT for your leveraged DeFi strategies. For USDC and USDT users, take advantage of the interest rate from these borrowers. ⚡️ ⚡️
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@sparkdotfi
Spark
6 months
In light of the recent issue reported with the Aave Protocol: All SparkLend contracts remain completely unaffected and continue to operate as usual. Rest assured, no action is required from our users.
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@sparkdotfi
Spark
6 months
⚡$1 billion in TVL ⚡ Spark went live in May this year. Six months later, we are thrilled to announce that Spark hit the incredible milestone of $1 billion in TVL! This is a huge achievement for Spark, and it wouldn’t be possible without our fantastic community and partners🤝
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@sparkdotfi
Spark
4 months
Drops generate ..... sparks?
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@sparkdotfi
Spark
3 months
The SPK airdrop leaderboard is live ⚡ You can check how much SPK you’ve pre-farmed so far by visiting The Airdrop Leaderboard arrived to provide transparency by using historical data of SparkLend users, thanks to @BlockAnalitica and @phoenixlabsdev
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@sparkdotfi
Spark
1 month
Spark has successfully allocated an additional 100 million DAI to our USDe/DAI and sUSDe/DAI markets on Morpho Blue, following MakerDAO’s Debt Ceiling increase to 1 billion DAI. Spark is expected to allocate more liquidity based on BA Labs’ risk assessment, which recommends…
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@sparkdotfi
Spark
5 months
Built on @Aave 's open-source tech, Spark has grown collaboratively. To sustain this principle of open-source collaboration, the Spark x Aave revenue-sharing program is expected to allocate ~$500k annually from Spark's revenue to AaveDAO. Let's dive into the details: ↓
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@sparkdotfi
Spark
3 months
Introducing the ETH staking yield rate Oracle ⚡ Developed in collaboration with @BlockAnalitica and @ChronicleLabs , this real-time, on-chain solution tracks and delivers the ETH staking yield rate, making it safer and more convenient to adjust the lending and borrowing rates…
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@sparkdotfi
Spark
4 months
A drop is coming💧
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@MakerDAO
Maker
4 months
Maker Governance has approved the first Executive Vote of the year. The changes will be implemented on January 14 at 00:55 UTC. A big shout-out to MKR holders and delegates for their swift action in implementing the following changes: 🗳️ ↓ Execute…
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@sparkdotfi
Spark
1 month
Last week, we announced our D3M debt ceiling with @MakerDAO has increased from 1.5 billion to 2.5 billion DAI. This means more liquidity, better rates, and enhanced flexibility for all our users, at scale. But what makes this possible? Let's dive in! 1/5 🧵
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@sparkdotfi
Spark
3 months
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@sparkdotfi
Spark
1 month
The most powerful platform for leveraging high-liquidity assets. As part of @MakerDAO , Spark builds DeFi infrastructure to help users maximize their digital asset's potential. Today, we want to delve deeper and share more about one of our flagship products: SparkLend. 🧵 1/6
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@sparkdotfi
Spark
6 months
Spark has experienced consistent growth in the past months. In response, the Phoenix Labs team proposed to increase the Spark D3M debt ceiling on Mainnet. The @BlockAnalitica team reviewed the recently approved proposal, here's a summary ↓
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@sparkdotfi
Spark
1 month
Two hours after deployment: • ~60 million DAI borrowed, only 40 million left. • Two markets reached 100% utilization. • Morpho Blue's TVL crossed $300 million. ⚡️
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@sparkdotfi
Spark
3 months
SparkLend hits $50M in assets supplied on @gnosischain , fueled by a supportive community and ~$1.47 million inflows in the last 24 hours. Let’s keep the momentum going ⚡️
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@sparkdotfi
Spark
15 days
In line with our commitment to open-source development, we are pleased to release the open-source license for Spark app's new user interface. True to our values, developers are welcome to freely use this technology to contribute to the ecosystem to which we all belong.
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@sparkdotfi
Spark
4 months
This is a reminder to the SparkFam ⏰ The Spark x @LidoFinance campaign is running💧 20 juicy wstETH are up for grabs to boost your Spark rewards (plus future SPK 🪂) 100% of the rewards go straight to all Spark WETH/ETH market suppliers until February 13th at 00:55 UTC.…
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@sparkdotfi
Spark
28 days
Spark's DAI MetaMorpho vault allows users to leverage Maker's liquidity to increase their exposure to sUSDe and USDe markets. Leading DeFi frontends have integrated this strategy, offering users the opportunity to take advantage of it. Let's delve into each of them! 1/5 🧵
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@sparkdotfi
Spark
4 months
Don't fall for Spark imposters, there is only one @sparkdotfi . Always check: • @sparkdotfi is our only username on X. • is the only official website for Spark. • is the official Discord server for Spark. • SPK TOKEN IS NOT…
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@sparkdotfi
Spark
5 months
Spark's growth momentum is unstoppable ⚡️ This is how Spark grew in the last week: +$145M in Supplied Value +$79M in Borrowings +$66M in Available Liquidity Dive into Spark's metrics:
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@sparkdotfi
Spark
5 months
Another milestone has been hit ⚡ Just a month ago, SparkLend reached $1B in supplied assets. Today, SparkLend's supplied assets have doubled to $2 billion 🥳 This milestone reflects the strong support and trust from the Spark community!
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@sparkdotfi
Spark
3 months
Spark Mainnet & Gnosis performance roundup for the past week: Mainnet 🔷: • Total assets supplied crossed the $4 billion mark, currently sitting at ~$4.44 billion (up ~$772 million from last week). • Total borrowings are standing at ~$1.31 billion. • The available liquidity…
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@sparkdotfi
Spark
7 months
Project submissions are wrapped up at @ETHGlobal 's #ETHOnline , and we're thrilled to see more than 40 PROJECTS BUILDING ON SPARK! ⚡️⚡️⚡️ • 60% on sDAI • 30% on SparkLend • 10% on SparkConduits Thanks to all the hackers contributing to the future of DeFi through Spark SubDAO.
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@sparkdotfi
Spark
2 months
Important Update for SparkLend Users In response to market conditions, MakerDAO approved an Accelerated Proposal, raising the DAI Borrow APY from 6.7% to 16% for SparkLend users and the DSR from 5% to 15% for sDAI holders. We understand the impact this may have on your…
@MakerDAO
Maker
2 months
The latest Executive Vote has just been approved. → As a result, the following changes will be implemented within the Maker Protocol on March 10, 2024, at 19:55 UTC. • Stability Fees for various collateral assets, including ETH and WBTC vaults, will…
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@sparkdotfi
Spark
6 months
wstETH Supply Cap is set to increase on @gnosischain 🦉 ⚡ The current cap of 5,000 has been reached, and wstETH has been the preferred collateral asset on Gnosis Chain. ⚡ @phoenixlabsdev team proposed to increase the wstETH supply cap from 5,000 to 10,000 wstETH.
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@sparkdotfi
Spark
4 months
Reflecting on 2023, it wasn't just an epic year for Spark; it marked our launch and a journey filled with record-breaking moments and formidable challenges. Most importantly, this inaugural year saw the unwavering trust of our users, driving us into the ranks of the top DeFi…
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@sparkdotfi
Spark
1 month
Almost 90% of the liquidity has already been taken in just a few hours.
@sparkdotfi
Spark
1 month
Two hours after deployment: • ~60 million DAI borrowed, only 40 million left. • Two markets reached 100% utilization. • Morpho Blue's TVL crossed $300 million. ⚡️
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@sparkdotfi
Spark
16 days
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@sparkdotfi
Spark
2 months
Spark's weekly metrics are here! Let's dive into the numbers and see how the Spark community is thriving this week: Mainnet 🔷: • Supplied assets continue their steady growth, currently at ~$5.86 billion. • Borrowings reach ~$1.72 billion. • Available liquidity remains…
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@sparkdotfi
Spark
6 months
The @Scroll_ZKP team dropped a proposal in the Maker Forum to deploy SparkLend into Scroll zkEVM. → Let’s dive a bit into the proposal ↓
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@sparkdotfi
Spark
7 months
SparkLend, powered by @MakerDAO , has just taken the first leap into the multi-chain world by deploying on @gnosischain . ⚡
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@sparkdotfi
Spark
4 months
Yooo tf is sexyDAI? 😳😳😳
@gnosischain
Gnosis Chain 🦉
4 months
Looking very sexyDAI🙃
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@sparkdotfi
Spark
4 months
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@sparkdotfi
Spark
4 months
WBTC Supply Cap boost is coming ⌛
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@sparkdotfi
Spark
7 months
We know you've been reading stuff about DAI and rETH, but: rETH is an active collateral asset on Spark, with ~$24 million already supplied. There's 200 million DAI ready to be borrowed, set at a steady 5.53% rate, with cross-collateralization enabled.
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@sparkdotfi
Spark
5 months
Heads up, Spark fam, Recent events highlight the importance of wallet safety: A few hours ago, the crypto community discovered a malicious attack in a popular component used by many dApps frontends. Spark[dot]fi and the Spark UI are not affected, but please: • If you can…
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@sparkdotfi
Spark
3 months
SparkLend has reached $3 billion in total value locked ⚡
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@sparkdotfi
Spark
10 days
Welcome to the new SparkLend! DeFi shouldn't be complex. We decided to raise the bar of leveraging your assets with large-scale liquidity. Let’s see how it works. 1/5 🧵
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@sparkdotfi
Spark
1 month
After 24 hours, ~90% of the additional 100 million DAI has already been used.
@sparkdotfi
Spark
1 month
Spark has successfully allocated an additional 100 million DAI to our USDe/DAI and sUSDe/DAI markets on Morpho Blue, following MakerDAO’s Debt Ceiling increase to 1 billion DAI. Spark is expected to allocate more liquidity based on BA Labs’ risk assessment, which recommends…
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@sparkdotfi
Spark
2 months
The latest updates on MakerDAO's Endgame plan have just been announced! Including key developments on Spark, the SPK token, SubDAO token farming, and SubDAO governance participation, here are the highlights you need to know: New Spark Business Models In addition to SparkLend,…
@MakerDAO
Maker
2 months
Get ready for Endgame's Launch Season. The new version of the Endgame plan has been released by @RuneKek on the Maker Forum. Endgame is detailed further, outlining the fundamental transformation of MakerDAO that improves growth, resilience, and accessibility. Here is how…
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@sparkdotfi
Spark
5 months
An inspiring journey for DeFi in 2023! 🚀 Spark's commitment to innovation mirrors the strides made by Chronicle Protocol. As we continue to push the boundaries, collaborations like these are paving our way forward.
@AngusTookey
Angus Tookey | Chronicle 📖| Powering MakerDAO
5 months
In September 2023, we unveiled Chronicle Protocol, making it available outside of @MakerDAO for the first time. We were overwhelmed by the response it received, w/ coverage in @Blockworks_ , @CoinDesk , @Cointelegraph , @MessariCrypto , & many more. The engineering team, which…
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@sparkdotfi
Spark
6 months
The recently approved change to the ETH Interest Rate Models received a review from BA Labs, which supports the proposed parameters of a 0% base borrow rate and a 3.2% optimal borrow rate. Let’s dive into the analysis: ↓
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@sparkdotfi
Spark
5 months
You know you can skip Ethereum gas frenzy? Go to , head to markets and check @gnosischain Market. Same Spark, no high fees ⚡
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@sparkdotfi
Spark
27 days
Spark has allocated an additional 100 million DAI to our markets on Morpho Blue ⚡ Following a recent risk assessment by BA Labs and guidance from @MakerDAO ’s Stability Scope Advisory Council, Spark is excited to announce an increase of 100 million DAI to our USDe/DAI and…
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@sparkdotfi
Spark
27 days
Maker Governance has approved the proposal by @phoenixlabsdev team to incorporate USDT, USDC, sxDAI, and EURe into SparkLend on @gnosischain , along with implementing security measures. An upcoming Executive Vote will incorporate these adjustments, and upon approval, the changes…
@MakerDAO
Maker
27 days
Maker Governance has approved the onboarding of USDT, USDC, sxDAI, and EURe to SparkLend on Gnosis Chain, along with security enhancements for the platform. To be implemented, the proposal must be enacted through an upcoming Executive Vote. These are the main highlights: 1)…
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@sparkdotfi
Spark
17 days
New tokens are coming to Spark on Gnosis Chain! A new Executive Vote is live, proposing the deployment of a new Spark Proxy Spell. If this executive proposal passes, the following changes will take effect: [Gnosis] Onboarding of new tokens: sxDAI, EURe, USDC and USDT. These…
@MakerDAO
Maker
17 days
A new Executive Vote is up on the Maker Governance portal. 🗳️ MKR holders and delegates can use their voting power to deploy the changes listed below if they support them. If this executive proposal passes, the following actions will be deployed within…
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Spark
3 months
Ehmm, @makerdao we might need another vote soon 😅
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@sparkdotfi
Spark
3 months
Beware of DeFi scammers: protect your team from fraudulent Spark impostors A fraudulent group is actively targeting teams from various DeFi protocols, impersonating Phoenix Labs members or Spark SubDAO contributors. These scammers approach via Telegram or email, presenting a…
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@sparkdotfi
Spark
3 months
Kudos to the @contango_xyz team for this integration: They've crafted a seamless front-end experience for perpetual trading, connected with Spark's powerful liquidity infrastructure in the back!
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@sparkdotfi
Spark
5 months
Calculating potential liquidations is a common concern for Spark users. Now, @BlockAnalitica has stepped in with their Liquidation Simulator, a powerful tool that helps you gain insights into potential liquidation scenarios within SparkLend. Let’s explore it ↓
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@sparkdotfi
Spark
23 days
Staying informed is crucial. By understanding the app's status, the most popular collateral options, and their parameters, you can develop the most effective strategies tailored to your needs. Discover the top dashboards for tracking SparkLend's metrics! 1/5 🧵
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@sparkdotfi
Spark
4 months
Spark x Lido Rewards Campaign is LIVE 💧 We teamed up with @LidoFinance who is contributing with 20 wstETH as rewards to boost your Spark rewards! 100% of the rewards will be distributed among Spark ETH market suppliers until the campaign ends on February 13th at 00:55 UTC.…
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@sparkdotfi
Spark
1 month
Major updates coming to Spark A new @MakerDAO Executive Vote is now open for voting. The proposed changes include increasing the Maximum Debt Ceiling to 1 billion DAI and expanding market caps for ETH and WBTC to boost liquidity and enhance security measures, alongside other…
@MakerDAO
Maker
1 month
A new Executive Vote is live in the Maker Governance portal. 🗳 MKR holders and delegates can use their voting power to deploy the changes listed below if they support them. If this executive proposal passes, the following actions will occur within the…
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@sparkdotfi
Spark
4 months
Funding rates for ETH are insanely high! Except in one place 👀
@Contango_xyz
Contango 💃🏾
4 months
A simple table on the current funding fees (annualized). Speaks for itself.
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@sparkdotfi
Spark
6 months
All aboard! 🚢 Join @tadeongmi from @phoenixlabsdev aboard the DeFiboat from @CryptoCanal this Wednesday, November 15th at 2:45 pm (Istanbul time) for the panel How to Involve Devs and Builders. Check the complete info here ↓
@CryptoCanal
CryptoCanal
7 months
Welcome to @tadeongmi Dev Rel at @phoenixlabsdev and Data Insights @MakerDAO on board #DeFiBoat during @EFDevconnect ! ⚓ Do you already have your ticket? Apply now Specials thanks to @summerfinance_ @ajnafi and @1inch for sailing with us! 🚢
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@sparkdotfi
Spark
14 days
The updated Spark App user interface features four key sections: • Borrow • Dashboard • Cash & Savings • Markets To maximize your experience, we've created a guide to walk you through each one. Let's get started ↓
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@sparkdotfi
Spark
2 months
The most recent changes proposed in the @MakerDAO executive vote for SparkLend have now been implemented ⚡ These updates have an impact on two key parameters within SparkLend: • DSR increased from 5% to 15% for sDAI holders. This is a significant boost for DeFi users, by…
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@sparkdotfi
Spark
3 months
Enjoy.
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@sparkdotfi
Spark
6 months
Get your WBTC ready for Spark ⚡️⚡️⚡️ • @phoenixlabsdev proposed to bring back the WBTC lending market on SparkLend. • @BlockAnalitica has suggested the necessary parameters. • Now, it's Maker Governance's turn to take action.
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@sparkdotfi
Spark
3 months
A new collateral onboarding framework for Spark has been proposed on the Maker Forum ⚡️ This framework aims to make it easier for partners to propose assets as collateral for SparkLend, which is quickly becoming a top choice in the DeFi lending world. It mainly focuses on ETH…
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@sparkdotfi
Spark
2 months
SparkLend hits $4 billion in TVL ⚡ Our users are showing how much they value SparkLend’s predictable rates, a real bonus where everyone can borrow and leverage, no matter the size, without messing with the rate and getting a heads-up before any change goes live.
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@sparkdotfi
Spark
3 months
Another Spark milestone achieved! Over the last 24 hours, Spark has attracted over $500 million in inflows, bringing total supplied assets to a new all-time high of over $4 billion. Additionally, wstETH has now achieved a record of $2 billion within the SparkLend market. ⚡…
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@sparkdotfi
Spark
1 month
Borrowing should be effortless.
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@sparkdotfi
Spark
2 months
SparkLend keeps the momentum going, here’s the performance for the past week: Mainnet 🔷 • Supplied assets are almost $1 billion up from last week, currently at ~$5.65 billion. • Borrowings stand at ~$1.69 billion. • Available liquidity sits at nearly $4 billion, currently…
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@sparkdotfi
Spark
3 months
Following the recent surge in deposits, @phoenixlabsdev has proposed increasing the wstETH Supply Cap in SparkLend from 800k to 1.2 million wstETH. This change would enable extra space for 400k wstETH deposits addressing the growth in demand for using this asset on SparkLend.…
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@sparkdotfi
Spark
1 month
The SparkLend key metrics continued to show positive trends, fueled by the past week’s exciting updates. Here’s a breakdown of the most important ones: - Increased WBTC Supply Cap: The maximum amount of WBTC that can be deposited on SparkLend has been raised to 6,000 WBTC,…
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@sparkdotfi
Spark
2 months
New progress on the Launch Season ⚡ A recent proposal on the @MakerDAO Forum suggests positioning Spark at the forefront of major developments in the DeFi ecosystem. Central to this progression, the proposal introduces a reimagined approach to DeFi strategies through the…
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@sparkdotfi
Spark
27 days
Congratulations to the @MorphoLabs team on reaching 1 billion deposits on Morpho Blue!
@MorphoLabs
Morpho Labs 🦋
27 days
Morpho Blue surpasses $1B in deposits 🦋
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@sparkdotfi
Spark
2 months
The @summerfinance_ team shipped 4 powerful automations to enhance your Spark positions: - Auto-Buy: Effectively increases your exposure to rising asset values by automatically generating Dai and exchanging it for more collateral. - Auto-Sell: Maintains your desired risk…
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@sparkdotfi
Spark
7 months
Join the @gnosischain Discord community to chat about SparkLend's deployment today! →
@gnosischain
Gnosis Chain 🦉
7 months
Join us for our Ecosystem Wednesday call with @karpatkey ! We will be having a conversation with @davekpk from the @karpatkey team about the exciting @sparkdotfi launch on the Gnosis Chain! 🗓 25 October, 2023 🕒 3PM UTC / 5PM CET 🔗
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@sparkdotfi
Spark
4 months
WBTC Supply Cap boost is coming ⌛
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@sparkdotfi
Spark
4 months
WBTC Supply Cap has been reached! Bitcoin ETF hype is so real 😬
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@sparkdotfi
Spark
3 months
Here’s a roundup of Spark’s performance for the past week: Mainnet 🔷 • Total supplied surpassed the $3.5 billion mark, currently at ~$3.64 billion. • Borrowings went slightly down, sitting at ~$1.18 billion. • Available liquidity currently at ~$2.46 billion. • WBTC Supply…
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@sparkdotfi
Spark
7 months
Heads up to all you Maker rETH-A users: @DeFiSaver 's loan shifter lets you switch your rETH-A positions over to SparkLend in just one click. Borrow DAI against rETH at a predictable 5.53% — you've got more collateral choices plus the option for cross-collateralization.
@DeFiSaver
DeFi Saver
7 months
📢Attention to all RETH-A Vault owners in @MakerDAO : Maker is offboarding rETH as supported collateral. Step 1 (voting is active): - Setting the debt ceiling to 0 (meaning no more DAI can be minted against rETH) Step 2 (voting starting on October 25th): - Increasing liquidation…
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@sparkdotfi
Spark
7 months
Huge congrats to the winners of #ETHOnline , the biggest online Ethereum hackathon! 🚀 Global builders showcased stellar projects on Spark SubDAO, competing for a 20,000 DAI prize pool. Check out the winning solutions below:
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@sparkdotfi
Spark
4 months
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@MakerDAO
Maker
4 months
Following a remarkable demand that borrowed ~90% of the previous 400 million DAI increase, Maker Governance has enacted a new 400 million DAI credit line extension for @sparkdotfi . This deployment, scheduled for January 14 at 00:55 UTC, will raise Spark's debt ceiling to 1.2…
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@sparkdotfi
Spark
4 months
Loan Shifter🫶
@DeFiSaver
DeFi Saver
4 months
Important: @MakerDAO is offboarding $rETH as a supported collateral type in their legacy vaults. 💡If you have an active RETH-A vault and would like to stay within the Maker ecosystem and their semi-fixed borrowing rates - you can use our Loan Shifter to move your position to…
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@sparkdotfi
Spark
3 months
SparkLend’s total DAI borrowings have now exceeded $1 billion ⚡️ With ~41 million borrows in the last 24 hours, the total DAI borrowed is currently sitting at ~$1.01 billion. Notably, Spark is the only place where, regardless of the size of the borrow, fees remain unaffected.
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@sparkdotfi
Spark
4 months
6 Spark-related polls have been approved by Maker Governance: • SparkLend Ethereum - Update the wstETH oracle to assume a 1 to 1 stETH to ETH peg • SparkLend Ethereum - Replace Dai oracle with one that is hardcoded to 1 USD • SparkLend Ethereum - Freeze GNO and set…
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@sparkdotfi
Spark
5 months
Spark fam, ready for some Monday metrics? ⚡ Here’s Spark's performance in the last week: • Supply ~$182 million up • Borrows ~$63 million up • Available liquidity ~$118 million up Spark: making green numbers look normal 🫡
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@sparkdotfi
Spark
3 months
Send help pls
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@sparkdotfi
Spark
3 months
Ehmm, @makerdao we might need another vote soon 😅
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@sparkdotfi
Spark
3 months
Ok, it's happening for real😂
@Swapr_dapp
Swapr
3 months
Hey Farmer! 🖤 Have you dipped into the sexyDAI 🔥 / WXDAI liquidity pool?
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@sparkdotfi
Spark
3 months
Spark in January: • Cheapest place to borrow in DeFi ✅ • Top 10 in @DefiLlama ✅ • ATH in TVL ✅
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@hexonaut
Sam MacPherson
3 months
Spark is now the cheapest place to borrow across all DeFi (incl. Maker) with yesterday's rate changes. Deposits going vertical.
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@sparkdotfi
Spark
4 months
ETH depositors in Spark right now: • Current APY of 1.46% + 0.11% in wstETH rewards • Eligible for future SPK 🪂 • Extra SPK🪂if borrow DAI →
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@sparkdotfi
Spark
3 months
gm Spark fam, let's dive into last week's highlights: • Over $545 million supplied, now at ~$3.48 billion. • Borrows standing at ~$1.22 billion. • Available liquidity at ~$2.26 billion. • New 5,000 WBTC Supply Cap reached in less than a week. • SPK Airdrop Leaderboard went…
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@sparkdotfi
Spark
6 months
gm Istanbul ⚡ If you’re hacking at @ETHGlobal , drop by and say hi at the Spark booth!
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@sparkdotfi
Spark
2 months
The latest Spark proposed changes are live! The most recent Maker executive vote has passed, meaning the following changes are now deployed to SparkLend: 📊 SparkLend Dai Direct Deposit Module (D3M) Parameter Changes • Increase the D3M Maximum Debt Ceiling from 1.2 billion…
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@sparkdotfi
Spark
5 months
Nobody: Literally the CM intern right now:
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@sparkdotfi
Spark
7 months
We're sponsoring the biggest online Ethereum hackathon and giving away 20,000 DAI in prizes! Are you hacking? • Watch our presentation at ETHOnline's kickoff: • Join us on Discord and chat with our team ready to help you out:
@MakerDAO
Maker
7 months
Hacking is back with @ETHGlobal 's #ETHOnline , and @sparkdotfi is proud to sponsor this largest online Ethereum hackathon. Builders who develop winner projects for the Spark SubDAO will have access to a prize pool of 20,000 DAI. Dive into the details with @tadeongmi in his…
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@sparkdotfi
Spark
2 months
Prepare your WBTC for a significant boost ⚡ The @phoenixlabsdev team's latest proposal for major changes to SparkLend is up for voting within the Maker Governance portal. Here's a breakdown of the proposed changes: • Activate Kill Switch Security Module: the first change…
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@sparkdotfi
Spark
7 months
Big shoutout to @DeFiSaver for their Loan Shifter tool, simplifying the migration from Maker to Spark with a single click — relevant right now for rETH users! Kudos to the talented developers continuously crafting essential solutions for our users ⚡️
@DeFiSaver
DeFi Saver
7 months
📢Attention to all RETH-A Vault owners in @MakerDAO : Maker is offboarding rETH as supported collateral. Step 1 (voting is active): - Setting the debt ceiling to 0 (meaning no more DAI can be minted against rETH) Step 2 (voting starting on October 25th): - Increasing liquidation…
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@sparkdotfi
Spark
24 days
A new week brings new opportunities, and what better way to seize them than by using the next-gen lending protocol to borrow DAI at scale with predictable rates. Check out the current rates on SparkLend in Ethereum and Gnosis Chain markets. ↓ Ethereum: • DAI Borrow APY*:…
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@sparkdotfi
Spark
4 months
What a way to close the year! Spark just surpassed $1 billion in borrows 🥳 Get ready, 2024 is going to be epic ⚡
@hexonaut
Sam MacPherson
4 months
Total borrows on Spark passes 1b 🥳 Spark has the lowest funding rate for ETH/USD at 2-3% with hundreds of millions in capacity. ⚡️SPK token airdrop is also available for DAI borrowers and ETH suppliers.
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@sparkdotfi
Spark
2 months
The recently passed MakerDAO Executive Vote has been deployed. This update introduces the following major changes to SparkLend: SparkLend CapAutomator Activation 🤖 The new "Cap Automator" by @phoenixlabsdev introduces dynamic adjustments to borrow and supply caps. This…
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@sparkdotfi
Spark
4 months
Another cool thread from BlockAnalitica! Here’s a summary about Spark: • Among the best borrowing and lending rates on stablecoins. • Spark’s DAI market is almost fully utilized. • Additional 400M DAI coming soon to increase available liquidity. • SPK airdrop to DAI…
@BlockAnalitica
Block Analitica
4 months
Looking at the current rate landscape, ranging from TradFi to lending markets and funding rates, @sparkdotfi has among the most competitive borrow and supply rates in DeFi. Scroll to read the analysis ⬇️ 1/14
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@sparkdotfi
Spark
3 months
The latest Maker Governance poll to enhance SparkLend's D3M has been approved! As a result, these parameter changes will be included in an upcoming Executive Vote. If this last vote passes, the D3M changes will be deployed, boosting borrowing power for SparkLend users and…
@sparkdotfi
Spark
3 months
. @phoenixlabsdev has proposed new changes to MakerDAO’s direct credit line to Spark, known as SparkLend D3M ↓ These changes intend to improve the credit line features, making it easier for users to borrow DAI at a larger scale within the SparkLend lending market. The specific…
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@sparkdotfi
Spark
3 months
Man, and we're just getting started!
@MakerDAO
Maker
3 months
Spark is now the most profitable core lending vault of the Maker Protocol, earning more annualized fees than any other vault, including T-Bill deployments, stETH, and ETH core vaults. →
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