The Maker Protocol's Spark is currently the most profitable core lending engine, generating an annualized profit of 50.7 million. It has also become the top DeFi protocol by Total Value Locked (TVL) and offers the lowest borrowing rates across all DeFi platforms. However, there are concerns about annualizing revenues based on a single day's data.
Spark has just surpassed Curve and is now a top 10 DeFi protocol by TVL! Looking forward to seeing this protocol grow even more ⚡️ https://t.co/eywzqtP0PK
Was wondering why I was seeing a bunch of tweets of Maker's annualized profit, which was higher than I thought. Turns out it was the result of one big day of revenue from Spark's D3M. Can we not annualize revenues from one single day of data. Pls 😭 https://t.co/fCrQWOk5SC
Spark is now the cheapest place to borrow across all DeFi (incl. Maker) with yesterday's rate changes. Deposits going vertical. https://t.co/lMj4RanzxS
Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell https://t.co/nDWOtpC1DP
Spark is now the most profitable core lending vault of the Maker Protocol, earning more annualized fees than any other vault, including T-Bill deployments, stETH, and ETH core vaults. → https://t.co/Lp9pPEK9df https://t.co/Azexi54KKV
Spark is now the most profitable core lending engine of the Maker Protocol, earning more annualized fees than any other vault, including T-Bill deployments, stETH, and ETH core vaults. → https://t.co/Lp9pPEK9df https://t.co/Mlf9MLCloB
Spark is now the top earner for Maker Core at 50.7m / year. The DSR could be raised above the fed funds rate now that DeFi rates are higher. With sDAI you get max(TradFi, DeFi) https://t.co/gYqLL141GE