hexonaut

Spark is the top new market on @pendle_fi and growing rapidly.

Welcome all newcomers and long-time friends!

Very excited for some big announcements in the coming weeks. LFGT

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.

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!