Ever wondered how The SLL works? 👇
I think there's some confusion, so a bit of clarity into how the Spark Liquidity Layer rate targeting works: The SLL targets a specific rate on different markets. This rate has a debt ceiling, and will programmatically deploy liquidity to meet borrowers on-demand. For example, if you wanna borrow $80M DAI with pt-sUSDe-25SEP2025 collateral, you can pull available liquidity, and the SLL will supply capital so that the rate matches our target, until the ceiling is reached. Current debt ceiling: $100M Current target APY: 7.75%
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