Spark API

Spark integration.

Spark is a decentralised non-custodial liquidity protocol built on top of the MakerDAO/Sky infrastructure. It allows users to participate as suppliers or borrowers, and provides yield-generating stablecoin products through the Sky Savings Rate (SSR).

The sUSDC vault is an ERC-4626 compliant tokenised vault that allows users to deposit USDC and earn the Sky Savings Rate. The vault handles USDC deposits by converting USDC to USDS using the dss-lite-psm (Peg Stability Module) and then depositing into sUSDS to earn yield.

Key features:

• No deposit/withdrawal fees at the smart contract level

• Yield accrues through the Sky Savings Rate (SSR)

• Instant deposits and withdrawals (subject to PSM liquidity)

• Fully backed by sUSDS (savings USDS)

• Homepage

• Savings page

• Documentation

• GitHub

• Twitter

• Contract on Etherscan

eth_defi.erc_4626.vault_protocol.spark.vault

Spark protocol vault support.