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We are a part of Sky (prev. MakerDAO), that’s why we have the best borrowing rates and particularly high liquidity ($186,823,903).
which only change based on the DAI savings rate. More on that
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In Spark you can deposit volatile ETH, borrow stable DAI, and do many beautiful financial things with it.
For instance, you can
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Spark provides DeFi infrastructure to the DAI ecosystem
SparkLend
Lending Protocol
sDAI
Yield Bearing Stablecoin
SparkConduits
Direct Liquidity for Protocols
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All our code goes through audits, you can check all the security reports here.
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Spark is created and managed by an ecosystem that is closely connected to Maker and other DAOs.
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We are doing this because we want to solve important global coordination problems through an open source financial system.
This is just the beginning, help us make this a reality by joining SparkDAO.