Makerdao extends the Defi-Ecosystem: Partnership with Spark Protocol enables Reth as security for DAI loans

Makerdao extends the Defi-Ecosystem: Partnership with Spark Protocol enables Reth as security for DAI loans

Expansion of the Defi-Ecosystem: Makerdao and Spark Protocol Ese partnership

Makerdao, a pioneer in the introduction of the decentralized stable coin DAI, has announced a cooperation with Spark Protocol. This partnership enables users to use their Reth stocks as security in order to lend DAI on competitive conditions and at the same time generate a return. Spark Protocol has integrated the elevated Ethereum (Reth) from Rocket Pool as a new safety type, which enriches the defi ecosystem with even more credit options for digital assets.

Rocket Pool is a decentralized Ethereum-Stake pool that provides users to be token by Reth. With over 740,000 ETH, which are currently anchored in the protocol, Reth, as security, is expanding the available options for Makerdao's DAI stable. This partnership shows a further step towards liquid uses for Ethereum and strengthens the trust and commitment between the two defi platforms.

The integration of Reth into the Spark Protocol enables users to lend more DAI, which is a sign of growing trust in the protocol. Spark Protocol started Spark Lend in May, a platform that offers an infrastructure for the decentralized credit market and focuses on DAI. Users can now not only borrow DAI against various assets, but also deposit ETH, earn fees and benefit from the recently increased DAI savings rate (DSR). In addition, the protocol enables the trade of stable coins such as Dai or USDC without slipping.

In addition, Makerdao recently increased its stocks of US state bonds from $ 500 million to $ 1.2 billion. This step is part of the company's strategic orientation towards traditional, low -risk assets in order to further diversify the collateral pool. In the past, the Dai Stablecoin temporarily lost its parity to the US dollar, which prompted Makerdao to increase its commitment to real assets. Allan Pedersen, CEO of the Monetalis Group, acquired further bonds on behalf of Makerdao and emphasized that this decision is a strong, reliable and flexible solution that will generate more income to the protocol.

The partnership between Makerdao and Spark Protocol and the diversification of the Makerdao collateral pool are good news for the defi ecosystem. These developments will help strengthen the trust of the users and to further expand the credit options for digital assets.