Spark turns 1 year old ⚡

What a year it’s been.

Spark has risen to run a top 5 lending DeFi product, the leading yield-bearing stablecoin, and is set to launch the inaugural SubDAO of MakerDAO’s Endgame with a bright future driven by SPK token holders, in just 12 months.

We're thrilled to see the momentum surrounding DAI's growth!

Spark has played a proud role in supporting this growth, with over 700 million DAI having been borrowed through SparkLend.

sDAI, one of Spark's products, has also emerged as a major driver of DAI utilization. With

Experience a swift and seamless migration, powered by SummerFi ☀️

Now, you can seamlessly transfer your MakerDAO positions directly onto Spark.

Boost your wsETH strategy with the deepest DeFi liquidity powered by SparkLend.

More liquidity into SparkLend on Gnosis ⚡

Over the last day, injections of more than $500,000 each were made into the USDT, USDC, and EURe markets.

These additional funds in SparkLend on Gnosis Chain 🦉 are set to boost market rates for borrowers and lenders, at scale.

Maker Endgame: The SubDAOs

MakerDAO serves as the core of the Maker ecosystem, ensuring the stability and longevity of the Maker Protocol and DAI on the Ethereum network.

Beyond that, the implementation of peripheral strategies vital for DAI's growth will be delegated to

New quests are live on Galxe ⚡

The gamified community campaign has introduced a new level celebrating the integration of new tokens into SparkLend on Gnosis Chain 🦉: sDAI, EURe, USDT, and USDC.

Level 3 - New tokens on Gnosis
• Gain 80 points by depositing at least 20 sDAI to

During April, a month marked by volatile market movements, DAI processed $636.72 billion in on-chain volume on Ethereum, exceeding the combined volume of all other stablecoins.

Here are some insights:

• The total Ethereum on-chain stablecoin transaction volume reached $1.18