Interest-bearing stablecoins like sDAI provide users with the opportunity to maintain liquidity while seeking higher yields, akin to a traditional savings account. However, depositing funds into these accounts may come at the cost of reduced liquidity.
This surge of interest in sDAI could have a substantial positive impact on the MakerDAO protocol, further cementing its position within the DeFi landscape. In addition to the organic interest in sDAI, MakerDAO is actively exploring opportunities to enhance its ecosystem. One noteworthy proposal suggests deploying the Spark Protocol on zkSync Era Mainnet.
This proposal outlines an ambitious plan that includes using assets like wETH, rETH, wstETH, and DAI as initial collaterals. The aim is to establish a 2 million DAI liquidity goal to jumpstart Spark’s growth on zkSync.on zkSync Era Mainnet. It includes wETH, rETH, wstETH, and DAI as initial collaterals and setting a 2 million DAI liquidity goal to kickstart Spark's growth on zkSync.