SparkLend

SPK buybacks restart with 1.75m USD TWAP

SPK buybacks restarted with $1.75m going out over the next month as a TWAP, according to Spark co-founder Sam. A settlement delay created a backlog of payments that arrived last month; the governance-approved automated buyback algorithm will compensate by increasing its activity.

Sources

SparkLend

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Spark is on a mission to empower the DAI ecosystem. As part of the MakerDAO community.

SparkLend: The DAI centric money market protocol. Combining the best liquidity directly from Maker and vertically integrating with the best DeFi protocols.

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