Spark Protocol Unveils Infrastructure for Yield Generation

**Spark Savings has officially ended its soft launch period** and significantly increased deposit limits across all supported assets. **New deposit caps:** - USDT: 250M (up from previous limits) - USDC: 250M (up from $50M) - ETH: 50K ETH (up from 10K ETH) The platform offers **institutional-grade, non-custodial access** to real-time compounding growth. Users can deposit stablecoins or ETH and withdraw anytime in the same asset with **no fees or slippage**. This expansion comes after Spark Savings V2 reached over $120M in total deposits on its launch day, with the previous $50M USDC cap being reached in just three days. The service provides conservative yield generation primarily from lending against BTC, ETH, and LSTs/LRTs, while minimizing exposure to riskier assets like perpetual futures.

**Spark Protocol released its Q3 2024 financial results**, showing strong performance across multiple revenue streams. **Key Financial Metrics:** - Gross revenue: $53.01M - Gross profit: $19.2M - Net profit: $12.12M **Revenue Sources:** - **Spark Liquidity Layer (SLL)**: Earns spread between investment yields and capital costs - **SparkLend**: Collects reserve factors on borrower interest - **Market Curation**: Performance fees from Morpho vaults - **USDS Distribution**: 0.6% accessibility reward from Sky - **Treasury Management**: Yield from Sky's savings rate The protocol currently generates $379.7M in annualized revenue for Sky ecosystem. Spark's Liquidity Layer provides infrastructure supporting deployments across Aave, Morpho, Ethena, and Pendle on Ethereum. [Read the full financial report](https://mirror.xyz/0x52A8305f29f85bEc5fa6eE78B87Ddd2218d8E12E/R7hSngPkZoULGaiPFliXzIEb0sRiDwX4yVpMKXu_6JM)

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.*

Traditional banking systems continue to face criticism for: - Requiring permissions for personal fund access - Lacking default transparency - Operating with user value extraction models Spark emerges as a decentralized alternative, aiming to address these limitations in traditional banking infrastructure. The protocol integrates with the DAI ecosystem to provide permissionless financial services. *Key Differentiators*: - Direct user control over funds - Default transparency - User-centric value model - Decentralized architecture