hexonaut
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Spark passes 3b in deployed assets while earning you the best risk-adj yield possible.
Combining yield across all major sources:
• Tbills / RWAs
• Onchain crypto lending
• BTC OTC lending
• Coinbase BTC lending
• Cash & Carry
Set it and forget it with Spark Savings.
Combining yield across all major sources:
• Tbills / RWAs
• Onchain crypto lending
• BTC OTC lending
• Coinbase BTC lending
• Cash & Carry
Set it and forget it with Spark Savings.
An interesting quirk of being a stablecoin issuer is that you have no opportunity cost for protocol-issued idle assets.
You can see this with the difference between USDC and USDS/DAI markets. All 3 of these markets return roughly the same for the Spark Liquidity Layer.
The USDC market uses the Deposit APY (4.96%), but the SLL uses the Borrow APY for USDS/DAI (4.92%/5.09%).
If you want an integration with the SLL, you will naturally get a cheaper rate using USDS!
You can see this with the difference between USDC and USDS/DAI markets. All 3 of these markets return roughly the same for the Spark Liquidity Layer.
The USDC market uses the Deposit APY (4.96%), but the SLL uses the Borrow APY for USDS/DAI (4.92%/5.09%).
If you want an integration with the SLL, you will naturally get a cheaper rate using USDS!
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