Spark: SparkLend's effective DAI borrowing rate is expected to drop to 8%, and the savings rate is expected to drop to 7%

Odaily News DAI lending protocol Spark announced on X platform that new parameter changes are being deployed to SparkLend on Ethereum mainnet: 1. According to the latest recommendations of BA Labs, Spark's effective DAI borrowing rate is reduced by 1 percentage point, from 9% to 8%; 2. Ethereum mainnet increases the weETH supply limit to 200,000 weETH and the debt limit of weETH isolation mode to 200 million DAI; 3. The Dai savings rate on Ethereum mainnet is reduced. If this executive vote is approved, the Dai savings rate will be reduced from 8% to 7%. 4. If the executive vote is passed, the above changes will be available for deployment in SparkLend within 30 hours after approval.