mrsimple🎩
@mrsimple
1358 Following
773 Followers
The first snaps campaign on @cookiedotfun is called @sparkdotfi . Sparkdotfi (Spark) is a decentralized finance (DeFi) protocol developed by MakerDAO, focusing on providing lending and saving services on the Ethereum blockchain. The project aims to increase the usability of the DAI stablecoin, allowing users to borrow or lend assets such as ETH, stETH, DAI at competitive interest rates. Spark introduces sDAI, a token representing DAI that is deposited into the DAI Saving Rate (DSR), providing yield to users. The protocol integrates with platforms such as Aave, Chainlink, and supports features such as asset swaps, liquidity optimization, and capital efficiency. Spark also plans to issue the SPK governance token to incentivize users to participate.
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