177.5K @wublockchain12 According to Wu, as reported by Blockworks, the lending protocol Spark's deposits have neared $4.5 billion, continuously reaching new highs, with more than $1 billion added since the rsETH incident at the end of April. Currently, over 50% of Spark's deposits are USDS.
https://t.co/JYE3cF7nkm https://t.co/kFfGvA5ghc
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9.3K @josefabregab Big part of this success comes via @sparkdotfi.
It has evolved into @SkyEcosystem's main distribution engine, creating demand for USDS through lending markets, savings products and liquidity infrastructure.
Spark Savings, for example, is sitting at ATHs and approaching $4.5B. https://t.co/E3VaITySwT
9.3K @josefabregab Quite attractive yields across @SkyEcosystem.
> Savings USDS: 3.60% APY
> Staked USDS: 6.01% APY
> Staked SKY: 5.73% APY
The question is: are USDS yields high enough to refuel its growth after months of contraction?
Based on the supply chart (top left), the answer is yes. https://t.co/E3GgdBkmpp
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9.3K @josefabregab Quite attractive yields across @SkyEcosystem.
> Savings USDS: 3.60% APY
> Staked USDS: 6.01% APY
> Staked SKY: 5.73% APY
The question is: are USDS yields high enough to refuel its growth after months of contraction?
Based on the supply chart (top left), the answer is yes. https://t.co/E3GgdBkmpp
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