Spark Protocol protocol
Overview
Spark Protocol is a decentralized lending and borrowing protocol that operates as a sub-protocol within the MakerDAO (now Sky) ecosystem. It allows users to supply assets to earn yield and borrow against collateral, with a focus on DAI stablecoin and efficient interest rates derived from the DAI Savings Rate.
Within the DeFi Intel graph, Spark Protocol connects to 17 tracked entities, most strongly to Sky Protocol, SPK, Phoenix Labs.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 17 total).
| Relation | Connected entity | Confidence |
|---|---|---|
subdao_of | Sky Protocol | 95% |
issues | SPK | 95% |
operated_by | Phoenix Labs | 95% |
launched | Spark Tokenization Grand Prix | 95% |
led_by | Sam MacPherson | 95% |
launched | Spark Liquidity Layer | 95% |
built_on | Sky Protocol | 90% |
governed_by | Sky (formerly MakerDAO) | 90% |
issued_by | Sky (formerly MakerDAO) | 90% |
launched | SPK | 90% |
Frequently asked questions
What is Spark Protocol?
Spark Protocol is a decentralized lending and borrowing protocol that operates as a sub-protocol within the MakerDAO (now Sky) ecosystem. It allows users to supply assets to earn yield and borrow against collateral, focusing on the DAI stablecoin and efficient interest rates derived from the DAI Savings Rate.
Who leads Spark Protocol?
Spark Protocol is led by Sam MacPherson and operated by Phoenix Labs.
What products has Spark Protocol launched?
Spark Protocol has launched the Spark Liquidity Layer and the Spark Tokenization Grand Prix.