[Ethereum] SparkLend - Increase cbBTC Supply and Borrow Caps - 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:

cbBTC is currently the 3rd largest collateral asset on SparkLend, behind wstETH and ETH. It is a wrapper of BTC, the largest and most liquid crypto asset. Spark already has a deep relationship and significant exposure to the issuer Coinbase via the…