SparkLendSparkLend borrow rates now available to GOFR users on Galaxy
SparkLend liquidity and borrow rates are now available to users of GOFR (Galaxy Onchain Financing Rate) on Galaxy, per a retweet from Spark of Sky co-founder Sam MacPherson's (@hexonaut) announcement. GOFR is Galaxy's fully managed institutional lending program that lets clients borrow at a single optimized rate blended across DeFi money markets like Aave, Morpho, Spark, and Kamino, without managing wallets or interacting with protocols directly.
- The move extends SparkLend's reach to Galaxy's institutional borrower base through Galaxy, which said it bought $100M of sUSDS and approved it as collateral across its institutional lending book as part of a deepening relationship with Sky Ecosystem.
SparkLend
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SparkLend: The DAI centric money market protocol. Combining the best liquidity directly from Maker and vertically integrating with the best DeFi protocols.
