SparkLend protocol
Overview
SparkLend, a lending protocol developed by the Spark Protocol team under the MakerDAO ecosystem, is a derivative of Aave v3. It allows users to deposit and withdraw digital assets, with DAI serving as the main asset for borrowing. The protocol employs a variable interest rate structure and is connected to MakerDAO's smart accounts.
Within The Counterparty graph, SparkLend connects to 6 tracked entities, most strongly to Ethereum, xDai, SPK.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | xDai | 95% |
supports_token | SPK | 95% |
governs | Spark | 85% |
audited_by | ChainSecurity | 80% |
covers | SparkLend Sees Over $1B in Deposits Since Kelp Exploit as Aave TVL Plunges | 70% |
Frequently asked questions
What is SparkLend?
SparkLend is a lending tracked in The Counterparty knowledge graph. It is connected to 6 other tracked entities, most strongly to Ethereum, xDai, SPK.
What type of entity is SparkLend?
SparkLend is classified as a lending (protocol) in The Counterparty knowledge graph.
What is SparkLend connected to?
In The Counterparty knowledge graph, SparkLend is linked to 6 other tracked entities, most strongly to Ethereum, xDai, SPK.