Sweetcheeks 🎩 pfp

Sweetcheeks 🎩

@sweetcheeks

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Sweetcheeks 🎩 pfp
You probably haven’t heard much about @sparkdotfi. That’s fair. It’s not really one of those projects that pops up on every CT thread. But here’s what caught my eye… Launched quietly around August 2023, Spark.Fi is built on Ethereum, and it’s basically part of what MakerDAO evolved into (now called Sky Ecosystem). You could say it’s the “firstborn” altDAO of that whole system. And despite not being everywhere, it’s already handling over $2.6B in liquidity And pulling in more than $160M in yearly revenue All under a year. What it does? Spark moves capital around DeFi in a way that keeps yield stable. Like, it routes funds to places like Aave to earn returns, right now around 5.96%. Some moves they’ve made: ⇒ Sent $1.5B+ into Aave ⇒ Launched a USDC vault with 6.5% APY ⇒ Allocated $2B+ into real world assets (yes, off-chain stuff too) Basically, it’s not just sitting in DeFi, it’s tapping into traditional finance too. @sparkdotfi
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