The Spark Protocol launch will be announced by MakerDAO. From May 9, 2023, all DeFi users will have access to this DAI-focused DeFi product, which features supply and borrow capabilities for ETH, stETH, DAI, and sDAI on Ethereum. The first version of Spark Protocol, called Spark Lend, is a lending marketplace, specifically designed for DAI with a focus on crypto supply and borrowing.
Users can interact with Spark’s front-end directly, which connects Maker’s liquidity with a comprehensive DeFi solution. Spark Protocol marks an innovation in the MakerDAO ecosystem during the Endgame Era, providing a groundbreaking solution that connects DeFi products and the Maker Protocol.