Spark
37,413 views
35 Discussing
Hot
Latest
See original
🚨 Whale Bullish Used $ETH to Leverage!
Recently, a whale wallet address withdrew 2,400 ETH (~3.87 million USD) from the Kraken exchange to a personal wallet. Not stopping there, it deposited the entire amount of ETH as collateral on protocol #Spark .
🔥 Notably, this wallet address was created only 9 days ago, and this whale has used the ETH to borrow #USDS to optimize profits.
MoneyFlow:
1. Withdraw ETH from #Kraken .
2. Transfer to Spark as collateral.
3. Borrow USDS from Spark.
4. Use USDS to buy more ETH.
5. Deposit ETH into #Stake on Lido.
🤔 Is this whale extremely bullish on ETH by daring to execute such a series of risky actions? If ETH drops sharply out of control, the whale will face rapid losses.
🟢 Currently, the Health Rate on Spark is 2.21, still within a safe range
#bullish
Recently, a whale wallet address withdrew 2,400 ETH (~3.87 million USD) from the Kraken exchange to a personal wallet. Not stopping there, it deposited the entire amount of ETH as collateral on protocol #Spark .
🔥 Notably, this wallet address was created only 9 days ago, and this whale has used the ETH to borrow #USDS to optimize profits.
MoneyFlow:
1. Withdraw ETH from #Kraken .
2. Transfer to Spark as collateral.
3. Borrow USDS from Spark.
4. Use USDS to buy more ETH.
5. Deposit ETH into #Stake on Lido.
🤔 Is this whale extremely bullish on ETH by daring to execute such a series of risky actions? If ETH drops sharply out of control, the whale will face rapid losses.
🟢 Currently, the Health Rate on Spark is 2.21, still within a safe range
#bullish
How Much Dollar I Get With These Spark Point ?
#MileiMemeCoinControversy #AIandStablecoins #Spark #tge
#MileiMemeCoinControversy #AIandStablecoins #Spark #tge
See original
Will USDe become the third largest stablecoin by market value?
In the past few days, the cooperation proposal between Ethena and Spark may boost the third largest stablecoin on the USDe site. The author would like to briefly analyze this proposal through this article.
What is Spark?
Spark is a lending subDAO under Sky (formerly MakerDAO) that focuses on stablecoin liquidity. It currently manages up to US$6.2 billion in stablecoin liquidity.
What impact does the proposal have on Spark?
According to the proposal documents, in the past, Spark mainly obtained USDe exposure through Morpho lending. Due to risk management considerations, the proportion of exposure was relatively small.
Through this direct collaboration with Ethena, Spark will benefit from:
What is Spark?
Spark is a lending subDAO under Sky (formerly MakerDAO) that focuses on stablecoin liquidity. It currently manages up to US$6.2 billion in stablecoin liquidity.
What impact does the proposal have on Spark?
According to the proposal documents, in the past, Spark mainly obtained USDe exposure through Morpho lending. Due to risk management considerations, the proportion of exposure was relatively small.
Through this direct collaboration with Ethena, Spark will benefit from:
XION, Red Beard Ventures and Denarii Labs have launched the Spark Accelerator Program
#XION , in partnership with #RedBeardVentures and #DenariiLabs , kicked off the #Spark Accelerator Program aimed at the most passionate builders creating apps that leverage #Web3 to disrupt traditional industries and introduce novel solutions to existing challenges. Spark is a 12-week accelerator program providing $100,000 in funding and hands-on mentorship to help launch the next major application on XION.
XION is the pioneering modular Generalized Abstraction layer tailored specifically for consumer adoption. By incorporating protocol-level implementations covering abstracted accounts, signatures, fees, interoperability, and additional features, XION empowers secure, user-friendly and effortless experiences.
👉xion.burnt.com/blog/xion-red-beard-ventures-denarii-labs-launch-spark-accelerator
#XION , in partnership with #RedBeardVentures and #DenariiLabs , kicked off the #Spark Accelerator Program aimed at the most passionate builders creating apps that leverage #Web3 to disrupt traditional industries and introduce novel solutions to existing challenges. Spark is a 12-week accelerator program providing $100,000 in funding and hands-on mentorship to help launch the next major application on XION.
XION is the pioneering modular Generalized Abstraction layer tailored specifically for consumer adoption. By incorporating protocol-level implementations covering abstracted accounts, signatures, fees, interoperability, and additional features, XION empowers secure, user-friendly and effortless experiences.
👉xion.burnt.com/blog/xion-red-beard-ventures-denarii-labs-launch-spark-accelerator
XION, Red Beard Ventures and Denarii Labs have launched the Spark Accelerator Program
#XION , in partnership with #RedBeardVentures and #DenariiLabs , kicked off the #Spark Accelerator Program aimed at the most passionate builders creating apps that leverage #Web3 to disrupt traditional industries and introduce novel solutions to existing challenges. Spark is a 12-week accelerator program providing $100,000 in funding and hands-on mentorship to help launch the next major application on XION.
XION is the pioneering modular Generalized Abstraction layer tailored specifically for consumer adoption. By incorporating protocol-level implementations covering abstracted accounts, signatures, fees, interoperability, and additional features, XION empowers secure, user-friendly and effortless experiences.
👉 xion.burnt.com/blog/xion-red-beard-ventures-denarii-labs-launch-spark-accelerator
#XION , in partnership with #RedBeardVentures and #DenariiLabs , kicked off the #Spark Accelerator Program aimed at the most passionate builders creating apps that leverage #Web3 to disrupt traditional industries and introduce novel solutions to existing challenges. Spark is a 12-week accelerator program providing $100,000 in funding and hands-on mentorship to help launch the next major application on XION.
XION is the pioneering modular Generalized Abstraction layer tailored specifically for consumer adoption. By incorporating protocol-level implementations covering abstracted accounts, signatures, fees, interoperability, and additional features, XION empowers secure, user-friendly and effortless experiences.
👉 xion.burnt.com/blog/xion-red-beard-ventures-denarii-labs-launch-spark-accelerator
BREAKING: SPAR Accepts Crypto in Switzerland — Mass Adoption Is Closer Than You Think!
Traditional retail is finally catching up with Web3.
SPAR — one of Europe’s largest supermarket chains — is now testing crypto payments in Switzerland!
Customers can pay for groceries using BTC, ETH, and USDT via in-store terminals.
Why this matters:
Real-world utility for crypto
Regulatory green light in Switzerland
Could other global brands follow next?
Is this the start of crypto shopping going mainstream?
Would YOU pay for groceries in Bitcoin?
Sound off in the comments!
#CryptoAdoption #Bitcoin #Spark #Switzerland #CryptoPayments
Traditional retail is finally catching up with Web3.
SPAR — one of Europe’s largest supermarket chains — is now testing crypto payments in Switzerland!
Customers can pay for groceries using BTC, ETH, and USDT via in-store terminals.
Why this matters:
Real-world utility for crypto
Regulatory green light in Switzerland
Could other global brands follow next?
Is this the start of crypto shopping going mainstream?
Would YOU pay for groceries in Bitcoin?
Sound off in the comments!
#CryptoAdoption #Bitcoin #Spark #Switzerland #CryptoPayments
Spark and RedStone launch $6M token reward campaign for DeFi users
DeFi lending platform #Spark , part of the #Sky (formerly #MakerDAO ) ecosystem, has partnered with oracle provider #RedStone to launch a new incentive program called "Spark Rewards." The initiative aims to reward users for taking specific on-chain actions that support the Spark ecosystem.
The first phase of the campaign, dubbed "RED Season," encourages users to supply cbBTC—Coinbase’s wrapped #Bitcoin—to SparkLend on #Ethereum in exchange for RedStone’s $RED token. Around 11.5 million #RED tokens, valued at approximately $6 million, are set to be distributed.
DeFi lending platform #Spark , part of the #Sky (formerly #MakerDAO ) ecosystem, has partnered with oracle provider #RedStone to launch a new incentive program called "Spark Rewards." The initiative aims to reward users for taking specific on-chain actions that support the Spark ecosystem.
The first phase of the campaign, dubbed "RED Season," encourages users to supply cbBTC—Coinbase’s wrapped #Bitcoin—to SparkLend on #Ethereum in exchange for RedStone’s $RED token. Around 11.5 million #RED tokens, valued at approximately $6 million, are set to be distributed.
Login to explore more contents