Today in DeFi - Maker Spark Lend, Prime Protocol Mainnet, Trade to Earn, and more...

Maker Spark Lend

Maker launched Spark Lend, its new lending product that allows users to lend/borrow ETH, stETH, DAI, and sDAI. Spark Lend is not available for users from the U.S.

Prime Protocol Mainnet

Prime Protocol is now live on Ethereum, Avalanche, Arbitrum One, and Moonbeam. Prime allows users to borrow cross-chain backed by their entire portfolio of cross-chain assets. Prime also launches an Early Adopter Program that rewards users with points.

Bittrex Filed Bankruptcy

On Monday, crypto exchange Bittrex filed bankruptcy in Delaware, a few weeks after being prosecuted by the SEC and a few months after they announced they would be ceasing operations in the U.S.

Aragon Repurposes Treasury

The Aragon Association repurposes the Aragon DAO into a grants program as a response to the event of a group of investors trying to get 51% of the DAO's voting power. The action is causing many discussions since the association seems to be overriding DAO actions, indicating Aragon may have undue admin/emergency powers over governance.

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