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Spark · closed proposal

[Ethereum] SparkLend - Remove Supply and Borrow Caps for Non Collateral Stablecoins (USDC, USDT, PYUSD)

0x8541…0E68·ended 9mo ago·Discussion ↗
Voters
13
SPK voted
221.54M
Token price

AI summary

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Voting results

For221.54M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
221.54M SPK · 13 votersblock 23619924

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Full proposal

Original markdown · Spark

[Ethereum] SparkLend - Remove Supply and Borrow Caps for Non Collateral Stablecoins (USDC, USDT, PYUSD) - October 20, 2025

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:

Because USDC, USDT, and PYUSD are not usable as collateral, implementing supply caps for these assets doesn’t provide a meaningful risk mitigation benefit to SparkLend. And while there is some marginal ben…

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