← Back to Spark
Spark · closed proposal

[Ethereum, Arbitrum, Base] Update Rate Limits

0x8541…0E68·ended 4mo ago·Discussion ↗·MEDIUM RISK
Voters
4
SPK voted
477.62M
Token price

AI summary

This proposal from Phoenix Labs, Spark's nested contributor, seeks to update rate limits for various digital assets across Ethereum, Arbitrum, and Base. It will set deposit and withdrawal limits to zero for Aave USDS, USDC, and Fluid sUSDS integrations, as these are no longer used. Conversely, it will significantly increase rate limits for USDT and ETH-related integrations to support the growth of Spark Savings ETH (spETH) and USDT (spUSDT) vaults. The proposal also shifts risk mitigation from low 'maxAmount' limits to proactive off-chain monitoring.

Impact

If passed, Spark will no longer support certain Aave and Fluid stablecoin integrations, potentially affecting users of those specific assets. The increased rate limits for USDT and ETH could lead to greater capital flow into Spark's savings vaults, benefiting users of spETH and spUSDT. The new risk mitigation strategy relies more on active monitoring, which could expose the protocol to up to $750,000 in potential daily losses from market impact/slippage in specific scenarios, though this is deemed acceptable given rapid fault containment.

Read full proposal on Snapshot

Voting results

For477.62M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
477.62M SPK · 4 votersblock 24771436

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Spark

[Ethereum, Arbitrum, Base] Update Rate Limits - March 30, 2026

Spark's Operational Facilitator has placed a proposal into the voting system on behalf of nested contributor Phoenix Labs.

Review

The Spark community can hereby express support or opposition to the following changes, as described by the author of the proposal:

[Ethereum] Spark Liquidity Layer - Update Rate Limits

We are no longer using Aave USDS and USDC integrations as well as Fluid sUSDS integrations, so we plan to set rate limits to zero for each of these across Ethereum, Arbitrum, and Base. Note that Aave USD…

📚 Similar past proposals

Finding similar proposals…