Summer.fi, a leading decentralised platform, has announced a new integration of Spark Protocol, which allows users to farm SPK tokens when borrowing DAI. Spark Protocol is a DAI centric money market protocol that combines the best liquidity from Maker and integrates with the best DeFi protocols. It is a decentralised, non-custodial liquidity market protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralised (perpetually) or undercollateralised (one-block liquidity) fashion.The integration of Spark Protocol support for various pairs of tokens will help users optimise their position and farm SPK tokens when borrowing DAI. To access Spark via Summer.fi, users can use the Multiply & Borrow products.Summer.fi is a platform for decentralised finance that can be used to borrow stablecoins against cryptocurrencies, increase exposure against them using Multiply, or Earn a competitive yield. The team is passionate about creating a better user experience for all while being able to maximise returns. For more information, visit https://summer.fi.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	9
People	Sam MacPherson, Chris B
Companies	Maker, SPK, Summer.fi, DeFi, Spark Protocol
Currencies	Ethereum, SparksPay, Bitcoin, Dai
Securities	None