[Ethereum] Spark Liquidity Layer - Onboard with Paxos - January 19, 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:

We propose to onboard with Paxos to allow Spark Liquidity Layer the ability to directly swap between Paxos issued stablecoins or mint and redeem in exchange for USDC. Paxos currently will not charge a fee for this service, meaning any exchanges between PY…