USDS Reaches 100 Million Supply Milestone on Aave v3
USDS Reaches 100 Million Supply Milestone on Aave v3
🚀 USDS hits 9 figures
Two weeks post-launch, USDS deposits on Aave v3 have hit 100 million. This milestone means:
- 100 million USDS now earning both USDS and SPK rewards
- Borrow cap not yet reached
- Users can borrow USDS at scale on Aave v3
Recent developments:
- Supply cap increased to 100 million on Aave's Ethereum market
- 50 million USDS deployed as direct liquidity from Sky to Aave's Lido market
- 25 million USDS deployed via USDS Direct Deposit Module
These moves aim to boost borrowing capacity and offer competitive rates for large-scale borrowing on Aave.
For more information on USDS supply and rewards, visit Aave v3.
Spark Unveils Comprehensive Roadmap with Five Key Features
Spark has released its roadmap outlining five major developments coming to the platform. **Key Features Include:** - **Savings V2** - Enhanced savings functionality - **Institutional Lending** - Enterprise-grade lending services - **Mobile** - Mobile application development - **Stablecoin Liquidity as a Service** - Automated liquidity provision - **Automated Trading Operations** - Streamlined trading infrastructure This roadmap builds on Spark's recent success with PayPal's PYUSD integration, which helped grow deposits to 200 million. The platform leverages Sky's $8+ billion balance sheet to provide predictable liquidity solutions. Spark's Liquidity Layer can dynamically manage capital across lending markets and DEX platforms like Uniswap and Curve, enabling institutional-scale transactions. [Read the full roadmap](https://mirror.xyz/0x52A8305f29f85bEc5fa6eE78B87Ddd2218d8E12E/mksFs7c764bT5dAQIXqF15G_qJFrclKbDQdX1XTO8j0)
New Members Join Spark Community
**Spark welcomes new community members** to its DAI-focused ecosystem. The platform continues expanding its user base as more people discover SparkLend's money market protocol. - New joiners gain access to DAI-centric lending and borrowing - Community growth reflects increasing interest in MakerDAO ecosystem - SparkLend offers integrated DeFi protocol access The steady influx of new members demonstrates growing adoption of Spark's vertically integrated approach to DeFi lending.
Last Call for Pendle Points Season 1
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 Announces Multiple DeFi Earning Opportunities
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.*
Spark Positions Itself as Alternative to Traditional Banking
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