Spark Protocol

A decentralized lending protocol on Ethereum, developed by Phoenix Labs for the MakerDAO ecosystem, offering competitive borrowing and enhanced yield on supplied assets through the Dai Savings Rate (DSR).

## Executive Summary Spark Protocol is a decentralized, non-custodial lending market built on the Ethereum and Gnosis blockchains. Functioning as a frontend for the Aave V3 protocol, it is strategically positioned within the MakerDAO ecosystem to enhance the utility and reach of the DAI stablecoin. The platform enables users to supply a variety of crypto assets to earn yield and to borrow other assets against their supplied collateral. Its core mission is to provide a robust, secure, and efficient money market that directly connects to MakerDAO's foundational infrastructure, including the Dai