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Spark · closed proposal

[Ethereum] Spark Liquidity Layer - Onboard Morpho v2 USDT Vault

0x8541…0E68·ended 5mo ago·Discussion ↗·MEDIUM RISK
Voters
4
SPK voted
421.15M
Token price

AI summary

This proposal seeks to integrate a Morpho v2 USDT vault into Spark's Liquidity Layer (SLL). This integration will allow Spark to lend USDT, a stablecoin pegged to the US dollar, against various assets like Real World Assets (RWAs) and tokenized strategy vaults. The new vault will operate under Spark's existing governance structure, with specific roles assigned for allocation, curation, and oversight.

Impact

If passed, Spark will gain more flexibility in how it deploys its USDT liquidity, potentially increasing lending opportunities and returns. This benefits Spark by expanding its operational capabilities and offering new avenues for yield generation, without directly impacting individual users or token holders negatively.

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Voting results

For421.15M (100.0%)
Against0 (0.0%)
Abstain0 (0.0%)
421.15M SPK · 4 votersblock 24470431

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Full proposal

Original markdown · Spark

[Ethereum] Spark Liquidity Layer - Onboard Morpho v2 USDT Vault - February 16, 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:

Onboarding a Morpho v2 USDT vault will give SLL an additional venue for allocating USDT liquidity. This is particularly valuable in the short term as it will allow Spark to lend USDT against RWAs, tokenized strategy vaults, and other assets tha…

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