ETH is flowing into Spark. Since April 18 market volatility, Spark Savings ETH deposits have grown from 8,500 ETH+ to over 93,000 ETH. On April 23, roughly 30,000 ETH was deposited in a single day. The inflow moved into yield infrastructure that was already in place. Spark Savings ETH earns yield through the Spark Liquidity Layer. Explore Spark Savings 👇

ETH treasuries need more than staking rewards. They need liquidity, custody access, and operational flexibility. @EntEthAlliance's deployment through the Lido protocol shows how stETH can fit into ETH treasury strategies in practice.

ETH deposits are up. Borrowing scaled with them. This isn’t idle liquidity, it’s a tightly coupled system. On Spark, high-leverage ETH borrowing is restricted to wstETH in e-mode, not fragmented LRT collateral. Structure matters.

SparkLend’s ETH borrow market is currently operating below broader market borrowing rates. Current conditions: • ETH borrow rate: ~1.84% • $743M borrowed • 70% utilization • 90% kink utilization This is a function of how the market is parameterized. The variable borrow rate at the kink tracks the 2-day average stETH yield minus 10bps, aligning borrowing conditions more closely with ETH staking dynamics. As long as utilization remains below the kink, the market avoids the aggressive rate escalation seen in high-utilization environments. The goal isn’t temporary rate competition. It’s scalable ETH-denominated credit infrastructure with more predictable liquidity conditions. Borrow here -

Sent another 64 ETH to the Animal Welfare Fund. I encourage others to think and act more in support of our non-human cousins too! The extreme suffering we're imposing on them in the billions is not something we talk about often, but it continues to be one of the larger blights on humanity. And I'm getting optimistic that this century we can finally end it. Farming practices are improving, synthetic alternatives are improving. Also, in my recent experience, good old low-tech vegetarian and vegan food has improved massively worldwide over the last ten years; I encourage anyone who has tried it long before and given up to take second look; there are far more healthier and tastier options today than the "pasta and salad" you would often get ten years ago.

The contract reached 5 ETH in less than an hour. I’m literally shaking rn… Feel free to audit the smart contract, I have zero rights over the funds rather than buy a punk with it.