Wu said that he learned that Spark’s strategy director, monetsupply.eth, stated that Spark delisted rsETH and other low-usage assets in January, and has continued to tighten the range of eligible collateral and the feature set. This is also why the SparkLend ETH market maintains relatively high maximum interest rates, even though this decision has not been accepted among ETH loop-lending users, and may have caused a large amount of business and revenue to move from Spark to Aave. However, in the current situation, this shows the approach is cautious and correct: SparkLend still has ample ETH withdrawal liquidity, while Aave’s markets across multiple networks are already seeing liquidity shortages.

ETH1.56%
AAVE1.52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin