The DAI lending protocol Spark announced on the X platform that new parameter changes are being deployed to SparkLend on the Ethereum mainnet:
According to the latest recommendations from BA Labs, the effective DAI borrowing rate for Spark will be reduced by 1 percentage point, from 9% to 8%.
The Ethereum mainnet increases the weETH supply ceiling to 200,000 weETH and the weETH isolation model debt ceiling to 200 million DAI.
3. The Dai savings rate on the Ethereum mainnet has been reduced. If this execution vote is approved, the Dai savings rate will be reduced from 8% to 7%.
4. If the execution vote is passed, the above changes will be available for deployment in SparkLend within 30 hours of approval.
Spark: SparkLend effective DAI borrowing rate to be reduced to 8%
2024-07-15 16:42:45
Dai loan agreement spark platform announce parameter correctiondesk3cryptocurrencydesktopCrypto News
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