MakerDAO Launches Spark Protocol for Crypto Supply and Borrow

MakerDAO has launched the Spark protocol, which provides supply and borrows functionality for cryptocurrencies such as ETH, stETH, DAI, and sDAI. The Spark protocol is integrated with Maker's D3M and aims to offer users competitive interest rates and more liquidity. MakerDAO's new constitution strengthens governance processes to prevent it from being vulnerable to damage or looting by authorities. The platform offers better rates, yield-bearing DAI, and more liquidity options. Initial interest rates start at 1.11% annually.