A whale withdrew 30K #ETH ($101.7M) from #Bitfinex 1 hour ago and deposited 20K ETH ($67.8M) into #Spark .

Then he borrowed 34M DAI from Spark, swapped it to 34M #USDC , and deposited it into #Binance .

He currently has 30,151 ETH (102.33) deposited on Spark and 52M DAI borrowed out, the health rate is 1.63.

Spark has announced the Tokenization Grand Prix, a competition to onboard $1 billion in tokenized real-world assets to MakerDAO.

📅 Applications open on August 12, 2024.

#Spark #SparkDAO #makerdao #Maker #BinanceTurns7

(Lookonchain)
A whale unstaked 15,078 #ETH ($60.3M) and deposited it to #Binance and #Bitfinex , possibly selling to repay the debt. He has a debt of 110M $DAI on #Spark and the health rate is 1.57.

TOP 10 #TVL ON #ETHEREUM

$LDO #EigenLayer #AAVE $MKR $UNI #SummerFi $RPL $ETHFI #Spark $CRV

MakerDAO is set to launch its first SubDAO, Spark, which will offer native token SPK and various mining plans. Spark's main products include SparkLend and Cash & Savings, which enable users to borrow DAI.

#makerdao #DAOMaker #DAO #Spark #subdao

M^0 is pleased to announce its participation in the Tokenization Grand Prix by Spark, a project focused on advancing tokenized yield-bearing assets and their integration into decentralized finance.

#Spark #m0foundation #BinanceTurns7 #BinanceHODLerBANANA #maker

TOP 10 #TVL ON #ETHEREUM

$LDO $MKR #EigenLayer $AAVE $UNI $RPL #SummerFi #Spark $CRV $COMP

MakerDAO is preparing to distribute 600 million US dollars worth of DAI to USDe and sUSDe, introducing key parameter changes for DAI liquidity deployment on Spark in Morpho Blue.

#makerdao #BullorBear #Spark #ethena

This whale (likely Abraxas Capital) has withdrawn 60K #ETH ($206.3M) from #Bitfinex and deposited it into #Spark in the past 16 hours. Then he borrowed 101M DAI from Spark, swapped it to 101M #USDC , and deposited it into #Binance .

A whale unstaked 15,078 $ETH ($60.3M) and deposited it to #Binance and #Bitfinex , possibly selling to repay the debt.

He has a debt of 110M #DAI on #Spark and the health rate is 1.57.
#ETH

A whale is accumulating ETH and going long #Ethereum by revolving loans on #Spark

The whale has withdrawn 39.9K $ETH ($99.5M) from #Binance , #Bybit , #OKEx and #Bitfinex since Feb 1 at an average price of $2,492, and borrowed 56.8M $DAI from Spark
#Write2Earn

📈 Lending protocols have added ~$5B in active loans year to date

$AAVE , the leading lending protocol by TVL, accounts for ~$4.5B of this increase. In contrast to the previous ATH in ‘21, both #Spark and #Morpho have entered the top 3, with ~$1.7 and ~$1.1B in active loans, respectively.