SparkFi Daily Chat ✔

Every day with SparkFi, many people may not understand the story of its parent company Sky (formerly MakerDAO).

From MakerDAO to SparkFi

MakerDAO, born in 2014, is one of the earliest stablecoin laboratories in the DeFi world. The DAI it launched in 2017 was the first on-chain over-collateralized stablecoin, purely on-chain, without the need to trust a third party.

After 8 years of market ups and downs, DAI has remained as solid as a rock—its TVL peaked at over $10 billion, supporting the entire underlying stable assets of DeFi. With the launch of the Endgame strategy in 2023, Maker injected all its years of accumulated technology, governance, and asset management capabilities into a brand new protocol: Spark Protocol @sparkdotfi.

Spark is not only a lending platform but also a bridge for Maker's advancement into RWA, on-chain yields, and modular governance. Currently, Spark's TVL has surpassed $6.3 billion, with 33% being RWA, a historically unprecedented deep integration in the DeFi space.

And now, through the Cookie-linked SNAPS event, you have the chance to obtain Spark airdrops at a low cost and participate in the new cycle of this leading project.

The trend has just begun, don't just watch the excitement, get involved!

#Cookie #SparkFi #SNAPS @cookiedotfun