PANews reported on December 11 that Spark announced yesterday that it would deploy $100 million in stablecoin liquidity to the Base network through its Spark Liquidity Layer, and launch the Savings on Base service, allowing users to deposit stablecoins and earn returns.
This is the first phase of Spark’s liquidity injection plan on Base. The second phase will directly inject liquidity into DeFi protocols on Base, using infrastructure that supports over $2 billion in deployments, covering platforms such as Aave, Morpho Labs, Ethena Labs, and Pendle.