Ethereum

Maker

SubDAO

Phoenix

<a target="_blank" href="https://tokeninsight.com/en/coins/makerdao/overview">MakerDAO</a> announced that its lending protocol, Spark Protocol, will be deployed on multiple blockchains and announced the steps to deploy Spark Protocol in a specific blockchain network.
<ol>
 <li>The interested domain should create a post on the Maker Forum under the SubDAO TWO category (background information, technical information, collateral information, liquidity information, etc. are required).</li>
 <li>After the proposal submission, Phoenix Labs will conduct a domain assessment and offer recommendations to MakerDAO about the new domain and collaterals to be included.</li>
 <li>Block Analitica will perform a collateral assessment and suggest risk parameters for the collaterals within Spark in the new domain.</li>
 <li>The domain and collateral assessments will be published on the Maker Forum.</li>
</ol>
In May, <a target="_blank" href="https://tokeninsight.com/en/news/makerdao-launched-spark-protocol-a-new-lending-protocol">MakerDAO launched Spark Protocol, a new lending protocol</a>. The Spark Protocol is an end-user, DAI-centered DeFi product that has been deployed on Ethereum and offers supply and borrow features for $ETH, stETH, $DAI, and sDAI. The first version of Spark Protocol, called Spark Lend, is a lending marketplace designed specifically for supplying and borrowing crypto with a focus on <a target="_blank" href="https://tokeninsight.com/en/coins/daidai/overview">$DAI</a>.
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MakerDAO's Spark Protocol Going Multi-Chain

TokenInsight

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