It is a DeFi super application based on the Fuel network, developed by the Sky (formerly MakerDAO) team, backed by a16z and Paradigm support.🔵

In May 2024, it received a seed round of financing of US 11.5 million. Investors include Polygon https://t.co/Kv6lZ9XHB0 is positioned to integrate services such as order books, perpetual contracts, and loans, with an asset management scale of more than US 88 billion.

Core highlights 👇 @sparkdotfi

Function: Provide decentralized order book, USDS/USDC lending and income, across Optimism and Unichain networks.

🔹TVTVL: Pendle Finance has more than US 2200 million in TVL and USDS liquidity of more than 100 million.

🔹XCommunity incentives: Spark Snapshots activities accumulate points through X interaction, or are linked to airdrops.

🔹As an emerging DeFi super application, it has demonstrated its potential in the highly competitive DeFi market with Sky's ecological technology endorsement, cross-chain expansion strategy, and community incentive mechanism.

🔹The current high TVL growth and community enthusiasm provide support for its short-term investment value, but its long-term performance depends on its ecological expansion and market competition.

🔹I know many people have already started, Master Zhao has only started now, and I don't know if it's too late hahahahaha

#SparkDeFi #SparkFi #CookieDAO