Is Your Stablecoin Earning You Money? w/ CEO of Phoenix Labs and Contributor to Spark

Is your stablecoin earning you money? Probably not. While most
stablecoins sit idle, there's a revolution happening in DeFi.
We're talking 9.5% yield on USD-backed stablecoins, and it's not
some risky algo-stable magic. This is real yield, powered by
Spark Protocol and the MakerDAO ecosystem. In today's episode of
The Milk Road Show, Sam MacPherson, CEO of Phoenix Labs and
contributor to Spark, joins us to uncover the secrets behind
sustainable, high-yield stablecoins, the future of multichain
stablecoins, and the explosive growth of Spark Protocol's
revenue.





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Recommended Watching


Maker episodes:


Why This Leading Contributor Exited Maker: The Bear Case
Explained w/ PaperImperium:


https://youtu.be/bMrX-3_9_Wo





Time to Sell Maker? Or Buy More at a Bargain Price? w/ Milk Road
PRO Researcher:


https://youtu.be/Xj0pLDZeQTA





Base:


6 Reasons Investors Shouldn’t Ignore Base Right Now w/ Zeneca:


https://youtu.be/WXJPfqKTNQc





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GUEST INFO


Sam MacPherson's X: https://x.com/hexonaut


Sky's X: https://x.com/SkyEcosystem


Sky's website: https://sky.money/


Spark's website: https://spark.fi/





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TIME POINTS


00:00 - Intro


02:48 - Meanwhile


03:26 - REX Shares


03:54 - The long-term role of yield-bearing stablecoins
(USDS/DAI) in DeFi


08:22 - The interplay of DAI and USDS


10:10 - The ideal USDS user profile


12:45 - The importance of multichain functionality for USDS


14:25 - Analyzing the doubling of annual revenue in the past
month


17:14 - Spark's exponential growth: sustainable or temporary?


18:43 - Understanding Spark liquidity


26:00 - Introducing the Spark token


29:19 - The relationship between Aave and Maker


31:48 - Sam's perspective on Maker's decision-making process


36:30 - Sam's perspective on the Maker to Sky rebrand





Disclaimer


The information presented in this video is for educational and
informational purposes only. It should not be considered as
financial, legal, or tax advice. The views and opinions expressed
by the speakers, are their own and do not constitute professional
advice. Investing in cryptocurrencies carries significant risks,
including the potential for substantial losses. Viewers should
consult with a qualified financial professional before making any
investment decisions.