$SPK has already surged ~40% since aave hit 100% utilization following the kelpdao hack.
liquidity is now migrating from #aave to #spark, as it has become the go-to second choice for parking idle assets.
if aave steps down, which protocol will take over lending dominance?
rn, I see only two contenders
– $morpho
– @sparkdotfi
wdyt?
Kaff
@Kaffchad
over $10B TVL was withdrawn from defi in a single day with kelpdao incident
@sparkdotfi gained 10% TVL the same day
-> now I see exactly where the money went.
why spark?
> it’s built with serious institutional-grade safety which is now proving highly effective in this
ppl are rushing again, they have to dyor
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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