Spark Savings Now Accepts USDT Deposits
Spark Savings Now Accepts USDT Deposits
馃挵 USDT Just Got Spicier
Spark Savings has integrated USDT deposits, allowing users to earn yields directly without manual token swaps. The streamlined process takes approximately 60 seconds:
- Visit app.spark.fi
- Connect wallet on Ethereum Mainnet
- Select USDS and click Deposit
- Choose USDT from dropdown menu
- Enter amount and set slippage
- Approve deposit and conversion
Users can earn competitive yields with instant USDT to USDS conversion. The platform offers simple withdrawals to USDC, USDS, or DAI.
USDT has touched down in Spark Savings! You can now directly deposit your USDT for USDS and start earning competitive yields. No manual swaps. No hassle. Just 60 seconds & some USDT. Here鈥檚 how 馃憞
Curve Finance and Spark Protocol Announce Strategic Partnership
Curve Finance and Spark Protocol have formalized a strategic partnership, marking a significant development in DeFi infrastructure. This collaboration follows Curve's earlier successful partnership with Inverse Finance. - The partnership aims to enhance DAI liquidity integration - Builds on Spark's position as a DAI-centric money market protocol - Leverages Curve's deep liquidity infrastructure This alliance represents a key step in expanding DeFi's institutional-grade infrastructure, particularly for DAI-focused markets.
USDS Markets on Pendle Finance Show Significant Growth
Pendle Finance's USDS markets experienced substantial growth, with approximately $15M added in just 3 days. This increase has pushed the total USDS TVL (Total Value Locked) to $66 million, marking a significant milestone for the platform. The growth trajectory has been notably strong, with TVL crossing $20M in a two-week period. - Current TVL: $66 million - Recent addition: ~$15M in 3 days - Platform growth: $20M+ in 2 weeks For real-time market data, visit [Pendle Finance USDS Markets](https://app.pendle.finance/trade/markets?search=usds)
Spark Launches as DeFi Capital Allocator
Spark has launched as a decentralized alternative to traditional banking, offering savings, borrowing, and lending services. Key features include: - User-focused yield distribution - Full transparency - Programmatic capital allocation across DeFi - No lockups or fees - Current stats: $3.95B TVL with 4.5% APY (6.25% 30-day average) The platform operates across Base, Arbitrum, and Ethereum networks, supporting $USDS and $USDC deposits through the Sky Savings Module. [Learn more at Spark.fi](http://spark.fi)
Spark Protocol Hosts Discussion on New Collateral Types
Spark Protocol is hosting a live discussion on Tuesday, March 25th about expanding their collateral options. The event features representatives from: - TheTNetwork - Lombard Finance - KelpDAO - Renzo Protocol The discussion will focus on integrating new assets into SparkLend: - rsETH - ezETH - tBTC - LBTC This follows their recent Spaces episode featuring discussions on cross-chain DeFi accessibility with leaders from Vaults.fyi and Phoenix Labs.