Airdrop worth 5 million USD in July, want to participate?
Currently, there are nearly ten thousand participants, with an average airdrop of 500 USD per person, which is still worth everyone's effort. It is estimated that many teachers will have airdrops exceeding 10,000 USD next month!
I have seen a lot of excellent materials shared by teachers, which are very comprehensive. The teachers are quite capable, and many aspects have been covered. Below, I will simply organize the official materials.
Summary of Spark
Spark was launched in August 2023 and is a DeFi lending and savings platform based on Ethereum. It is the first official project of #Cookie and the first sub-DAO of the Sky ecosystem (formerly MakerDAO), managing over 2.6 billion USD in liquidity. Spark is a leading on-chain capital allocator in the DeFi space, driven by its Spark Liquidity Layer (SLL). The Spark protocol generates an annual revenue of over 160 million USD.
Unique Value Proposition
#Spark programmatically allocates funds between DeFi protocols to achieve stable yields (e.g., 5.96% annual yield) while solving the liquidity fragmentation issue across protocols. Spark does not compete with other protocols but empowers them. It is not just another DeFi application—it is becoming the core liquidity and yield infrastructure layer of on-chain finance.
Recent Discussion Highlights
Spark has deployed over 1.5 billion USD to AAVE, launched a USDC vault with an annual yield of 6.5%, allocated 2 billion USD to real-world assets (#RWA ), and continues with SPK pre-mining.
Bulls Say
Over 2.6 billion USD in liquidity and annual protocol revenue exceeding 160 million USD show tremendous potential. Stable interest rates and support from the Sky ecosystem could drive TVL to reach 5 billion USD by the end of 2025.
Bears Say
SKY relies on facing regulatory issues, unlaunched #SPK , and competition that may limit growth.