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

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

Key highlights 👇 @sparkdotfi

Function: To provide a decentralized order book, lending, and rentals of USDS/USDC, through the Optimism and Unichain networks.

🔹TVTVL: Pendle Finance has more than 2.2 billion dollars in TVL and USDS liquidity of over 100 million.

🔹Incentives for the X community: Spark Snapshots activities accumulate points through X interaction, or are linked to airdrops.

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

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

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

#SparkDeFi #SparkFi #CookieDAO