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Spark: Maker's Rising DeFi Star

The lending protocol plays a big role in Maker’s vision, one that leaves U.S. users behind?
Spark: Maker's Rising DeFi Star
William M. Peaster William M. Peaster
Mar 22, 2024 • 4 min read
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Earlier this week, we unpacked the latest plans for Maker's ambitious Endgame roadmap. A major part of that transition involves Spark's community launching the first of Maker’s SubDAOs, as well as the SPK token.

We've covered Spark Protocol previously, but Maker is probably my favorite DeFi project so I wanted to dig into what they've been up to over the past year.

Back in 2018, I started using Maker's first implementation to borrow DAI stablecoins against ETH. The idea? Pay for things in real life while avoiding tax implications and without selling my ETH. 

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William M. Peaster

Written by William M. Peaster

1022 Articles • View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.

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