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Spark · closed proposal

[Ethereum] Spark Treasury - Transfer SparkLend DAI and SparkLend USDS from SubDAO Proxy to ALM Proxy

0xF97c…624B·ended 5mo ago·Discussion ↗
Voters
5
SPK voted
454.71M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

For454.71M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
454.71M SPK · 5 votersblock 24570763

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Full proposal

Original markdown · Spark

[Ethereum] Spark Treasury - Transfer SparkLend DAI and SparkLend USDS from SubDAO Proxy to ALM Proxy - March 2, 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:

In late 2025, Spark executed a spell action claiming SparkLend reserves of USDS and DAI to the SubDAO Proxy. Because these funds are not held in native USDS, they do not currently count towards Spark’s risk capi…

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