Spark Liquidity Layer Brings $100M Stablecoin Liquidity to Base

**Spark has discontinued RED rewards** on the cbBTC market as of today, marking a strategic shift in their incentive structure. **Key Changes:** - RED rewards on cbBTC market officially ended - RED rewards may return on other markets in the future - **OP rewards continue uninterrupted** to maintain user incentives Spark emphasizes this change is part of ongoing **strategic adjustments** aimed at enhancing platform reliability and optimization. **What This Means:** Users can still earn rewards through the OP program without any disruption to their current earning potential. For complete details on OP rewards structure and eligibility, users should consult the [official Spark documentation](https://docs.spark.fi/rewards/op).

**Spark integrates sUSDC and sUSDS into Arbitrum DRIP Season 1**, a community-backed program rewarding DeFi innovation through direct deposits. **Key features:** - Deposit sUSDC as collateral in lending markets (Morpho & Euler) - Borrow stablecoins or USDC against sUSDC - Risk-managed economic boosts with transparency - Access via [app.spark.fi](http://app.spark.fi) This builds on Spark's March launch on Arbitrum, which brought 6.5% APY on USDC & USDS through the **Spark Liquidity Layer (SLL)**. The SLL automates liquidity provision across blockchains, stabilizing borrowing rates using the Sky Rate set by Sky governance. **Get started:** Visit [arbitrumdrip.com](https://arbitrumdrip.com/) for campaign details.

**Spark Protocol** will participate in the Asian Stablecoin Conference 2025 (#ASC2025). The team joins a panel discussion titled **'We Need to Build Better Onchain Finance'** alongside contributors from: - Sky Ecosystem - Grove Finance The conference focuses on **accelerating Asian stablecoins** and advancing decentralized finance infrastructure in the region. Spark's participation highlights the protocol's commitment to expanding DAI adoption and improving onchain financial services across Asian markets.

Final week to participate in Pendle Points Season 1, ending August 12, 2025. - Earn points by simply holding YT/PT-USDS positions on Pendle - No additional steps required - Access through [Spark.fi](https://app.spark.fi/points) or [Pendle Finance](https://app.pendle.finance/trade/pools/0xdace1121e10500e9e29d071f01593fd76b000f08) *Note: This crypto-asset marketing communication has not been reviewed by EU authorities. For official documentation, visit [spark.fi/mica](http://spark.fi/mica)*

Spark Protocol introduces three ways to earn yields in 2025: - **SPK Farm**: Users can supply USDS to earn SPK token rewards - **SPK Staking**: Participants stake SPK tokens to earn points and future protocol rewards - **Pendle Campaign**: Holders of PT/YT-USDS earn Spark Points (campaign ends August 12) All features are accessible through [Spark's app interface](http://app.spark.fi). For detailed information and documentation, visit [Spark's MICA page](http://spark.fi/mica). *Note: This offering has not been reviewed by EU regulatory authorities.*