Spark: New Trends on the BTC Chain

Spark positions itself as an "on-chain interest rate bank," integrating stablecoins and lending markets to serve the entire DeFi ecosystem, rather than just individual users. Spark focuses on turning interest into a Web3 "public asset," with DAI and USDS at its core, building a stable and sustainable on-chain financial network. Starting last week, Spark ecosystem projects began catching the community's FOMO, especially with the Bitcoin social experiment initiated by @bitbit_bot going viral on X. At one point, BITS even overwhelmed Spark's Layer 2 infrastructure platform The Spark ecosystem is still in its early stages, which means both potential and risk.