PANews|11月 07, 2025 03:40
[SparkLend to Deactivate sUSDS and sDAI Collateral on Ethereum and Adjust PYUSD Interest Rate Model]
According to the Sky (formerly MakerDAO) forum, Spark Prime has proposed deactivating sUSDS and sDAI collateral on the Ethereum network's SparkLend: setting the supply cap for both assets to 1, adjusting the maximum LTV to 0%, keeping the stablecoin eMode liquidation threshold unchanged, and ensuring that existing positions do not trigger additional liquidation risks. Meanwhile, the PYUSD interest rate model baseline will be raised to the Sky Savings Rate (SSR), and Slope 1 will be reduced to 2% to stabilize borrowing rates and support increased PYUSD circulation. These changes will require review by Sky Governance and the Stability Facilitator before being included in the next execution vote.
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