Spark Protocol
About Spark Protocol
Spark Protocol is a DeFi lending platform built as a SubDAO of MakerDAO/Sky. It enables direct borrowing of DAI at the DSR rate and lending/borrowing of major crypto assets. Spark leverages Maker's infrastructure while providing a user-friendly frontend and competitive rates.
Supported Networks
Key Features
- Direct DAI borrowing at DSR rate
- Fixed and variable rates
- Leverage products
- SubDAO of Maker/Sky
- Efficient liquidations
- D3M (Direct Deposit Module) integration
Risks
- Dependency on MakerDAO governance
- Smart contract risk
- Liquidation risk
- DAI peg dependency
Community & Socials
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