SparkLendSpark extends Savings USDG access and distribution points
Spark is expanding the access and distribution points for Spark Savings USDG, positioning it as an institutional-grade yield-bearing surface for idle treasuries. The move leans on Credora's independent
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- Extending access and distribution points for Spark Savings USDG. An ideal way for idle treasuries to tap into institutional-grade yield-bearing surface areas. @CredoraNetwork, an independent credit rating agency, has already rated spUSDG A for risk (sub-0.5% PSL) which is https://t.co/HC6FEADH1nx.com ↗
- We believe strongly in transparency, and in making sure users of our platform fully understand the risks they're taking on. That's why we're excited to share that Savings USDG has received an A risk rating from independent risk rating agency, @CredoraNetwork Full breakdown https://t.co/wZLYTfX2hB Quoting @CredoraNetwork: Spark Savings on the Robinhood chain now carries an independent Credora risk rating. @Sparkfinance Savings USDG: A. Probability of Significant Loss (PSL) of 0.15% annually. Rated at the point of deposit. Monitored daily. https://t.co/eI9AeO34qGx.com ↗
SparkLend
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.
