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Spark has deployed 5 million USDS to the Aave Lido market via the Sky USDS direct deposit module

Spark has deployed 5 million USDS to the Aave Lido market via the Sky USDS direct deposit module

CointimeCointime2024/10/10 02:27
By:Cointime

On October 10th, Sky (formerly MakerDAO), a DeFi protocol, announced that Spark has deployed 5 million USDS directly to Aave's Lido market through the new Sky USDS direct deposit module. The module has been initialized with a maximum configuration of 100 million USDS, which can be expanded as liquidity demand increases. In addition, USDS suppliers on Aave can now receive weekly allocations of $50,000 and 3.33 million SPK pre-mining airdrop rewards for SPK and USDS.

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