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@l3a
Spark fi Overview: ▫️Platform: DeFi protocol on Ethereum ▫️Launch: August 2023 ▫️Type: SubDAO of Sky Ecosystem (formerly MakerDAO) ▫️Services: Lending, borrowing, savings ▫️Liquidity: Over $2.6 billion managed ▫️Revenue: $160 million annually ▫️Features: Stable borrowing rates, optimized savings APYs (5.96% 30-day avg), capital efficiency ▫️Partnerships: BlackRock ($800M), Maple ($50M allocation) ▫️Token: SPK token ▫️Focus: Non-custodial, permissionless savings and borrowing @sparkdotfi
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