SparkLend

SparkLend is a stablecoin lending market. Unlike other lending protocols where rates fluctuate based on utilization or loan size, SparkLend offers governance-defined rates that do not vary based on those factors. This is made possible by Spark’s Liquidity Layer (SLL), which suppl

## Overview SparkLend is a stablecoin lending market built on Ethereum that operates under a fixed-rate model. Unlike conventional lending protocols where interest rates fluctuate dynamically based on market utilization, liquidity depth, or individual loan size, SparkLend implements governance-determined rates that remain stable regardless of these variables. This rate structure is enabled by Spark's Liquidity Layer (SLL), an infrastructure component designed to absorb and manage liquidity variability without passing cost volatility to end users. The protocol targets users who need predictabil