
0xTmax|早餐吃油条 airdrop (Ø,G)|Jun 18, 2025 14:01
I went to check today and found that my Spark points have exceeded 30M, but my ranking has dropped by 10 places. Has anyone started to add positions?
We've already issued the coins, have you started the second bite of meat?
Then I went to check that @ parkdotfi TVL has reached 6.5B, it's so terrifying, an industry monster
Why is TVL so high? I think there are three points
one ⃣ Airdrop drives user engagement
Spark Protocol recently announced its "Ignition" airdrop plan for SPK tokens, distributing 300 million SPK tokens (3% of the total supply) to SparkLend, Aave users, participants in Ignition and Overdrive DeFi activities, and Layer 3 platform task completion personnel. This news sparked a user frenzy, with a large number of users participating in Spark's products (such as Spark Savings and SparkLend) by depositing assets such as USDC, ETH, BTC, etc., in order to qualify for airdrops, directly boosting TVL.
two ⃣ Product innovation and high-yield attractiveness
Spark offers multiple products, including:
Spark Savings: Provides low volatility, lock free income products suitable for retail users, with flexible access.
SparkLend: Allow users to borrow USDS at a fixed interest rate, attracting investors who need stable borrowing.
Spark Liquidity Layer: Optimize liquidity and reduce bridging risks through cross chain deployment. The high returns and user friendliness of these products have attracted a large influx of funds, especially in the context of the DeFi market recovery. The community discussion on X emphasizes that Spark's "formal process" and low-risk features further enhance user trust
three ⃣ Deep integration of Sky (formerly MakerDAO)
Spark is an ecosystem project of Sky (formerly MakerDAO) that utilizes its $6.5 billion stablecoin reserve (USDS, upgraded DAI) to provide liquidity across DeFi, centralized platforms, and real-world assets (RWA). Sky's high-yield USDS (annualized yield of 12.5%) has attracted a large amount of deposits, and Spark, as its main liquidity provider, has benefited TVL as a result. Spark's Spark Liquidity Layer (SLL) further enhances capital efficiency by deploying idle liquidity across chains, attracting more capital inflows
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