Spark Liquidity Layer - Disable Unused Products, Onboard Avalanche, Onboard Aave V3 Avalanche USDC
AI summary
This proposal from Spark's Operational Facilitator, Phoenix Labs, aims to update the Spark Liquidity Layer (SLL). It seeks to disable support for two unused products, JTRSY and BUIDL, by setting their maximum deposit amounts to zero. Additionally, the proposal plans to expand Spark's operations by deploying the SLL onto the Avalanche C-chain, an EVM-compatible blockchain, to access its decentralized finance (DeFi) ecosystem and potential real-world asset (RWA) opportunities. This deployment will involve integrating various Spark smart contracts and using Circle CCTP for bridging liquidity between Avalanche and Ethereum.
If passed, Spark will reduce operational risk by removing support for defunct products and gain access to the Avalanche DeFi ecosystem, potentially increasing its reach and investment opportunities. This benefits Spark by enhancing security and expanding its market presence, but the specific financial impact on the treasury or token holders cannot be determined from the information provided.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Spark Liquidity Layer - Disable Unused Products, Onboard Avalanche, Onboard Aave V3 Avalanche USDC - October 6, 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:
Disable Unused Products
Spark is no longer planning to allocate funds into JTRSY and BUIDL. Removing support of these assets from the Spark Liquidity Layer reduces risk by eliminating the possibility of ac…