Decentralized Finance (DeFi) pioneer MakerDAO has announced the launch of its lending and borrowing protocol, Spark.
The new protocol’s initial iteration will function as a lending platform and allow users to lend and borrow ETH, DAI, stETH, and sDAI.
Spark Protocol Launched
MakerDAO announced the launch of the Spark Protocol on its official Twitter handle. The new protocol is specifically designed for the DAI stablecoin and gives users and holders access to competitive interest rates.
“Announcing the Spark Protocol launch Starting May 9, 2023, Spark Protocol will be available to all DeFi users. An end-user, DAI-centered DeFi product deployed on Ethereum with supply and borrow features for ETH, stETH, DAI, and sDAI.”
MakerDAO has also announced the Spark Protocol’s first product, Spark Lend. The new protocol is also linked to Maker’s D3M (Direct Deposit DAI Module). The Direct Deposit DAI Module is a system that enables secure interaction between the Maker ecosystem a
We współpracy z: https://cryptodaily.co.uk/2023/05/makerdao-launches-spark-a-brand-new-lending-and-borrowing-protocol
