MakerDAO, a decentralized autonomous group that operates on the blockchain and points stablecoin DAI, has announcement that it launched the Spark protocol, a loaner answer for DAI customers.
In line with Twitter’s announcement, the primary model of the Spark protocol will act as a “lending market”, offering customers with provisioning and borrowing performance for cryptocurrencies akin to Ether (ETH), Staked Ether (stETH), DAI (AID), and staked DAI (sDAI). The platform is specifically designed for DAI and goals to offer customers with entry to aggressive rates of interest.
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