The Ultimate SparkFi Edition! After several weeks of discussions, it's clear that everyone is really giving their all and using their best skills to stick with it until now! It's truly wonderful to sprint and communicate together! The last few hours of Spark SNAPS, leave a comment on this post to interact together! This article will summarize all the pieces I've written so far～ ▰▰▰▰▰ Three Major Protocols Achieve SparkFi! ▪ SparkLend Lending Platform: Connecting real users with asset liquidity needs, it is the largest usage place for USDS! ▪ SLL (Spark Liquidity Layer): An on-chain capital deployment engine that dynamically allocates billions of dollars in liquidity to the most optimal yield markets! ▪ SSR (Sky Savings Rate): Building the most attractive stablecoin yield system, supporting the confidence of USDS and sUSDS depositors! The three form a self-circulating on-chain financial yield: Depositors deposit USDS → SLL allocates funds → Deployed to SparkLend/Morpho/BlackRock, etc. → Yield flows back → Supports SSR → Enhances USDS attractiveness → Continuous user growth ▰▰▰▰▰▰ Real On-Chain Yield Data! As of now, the total amount of funds allocated by Spark has exceeded 3.1 billion dollars, of which: ▪ 900 million dollars allocated to SparkLend ▪ 800 million dollars deployed to BlackRock BUIDL ▪ 500 million dollars entered Morpho strategy pool ▪ 300 million dollars directly allocated to Ethena's sUSDe/sUSDS Total yield has exceeded 100 million! ▰▰▰▰▰▰ Ecosystem Integration, Complementary and Beneficial SparkFi's integration strategy is not a one-way access but a two-way collaboration: ▪ With Chainlink: Achieving high-security oracle services for collateral asset price updates ▪ With Lido / Rocket Pool: Accessing stETH and other staked assets for compounded yields ▪ With Balancer / Curve: Integrating liquidity pools to enhance USDS usage ▪ With Morpho / Aave / Pendle / Ethena: Deploying efficient structured yield pools ▪ With Symbiotic: Launching Ignition / Overdrive staking airdrop mechanisms These integrations allow every asset of Spark to flow, no longer just idle funds, but a machine for generating liquid yields! ▰▰▰▰▰▰ Final Words I have written about Spark's lending system, SLL's capital allocation, SSR's yield model, SPK's value logic, and even tracked every staking data and transaction dynamics! From the story to the structure, I have witnessed its transformation from a DeFi module to an on-chain system alongside everyone. If this is the first chapter of SparkFi, then now, SPK has just turned the page! What you see is not just an ordinary token, but a yield aggregator of the new generation of on-chain financial systems! @cookiedotfun @cookiedotfuncn #sparkfi @sparkdotfi $SPK