Spark has deployed 5 million USDS to the Aave Lido market through the Sky USDS direct deposit module.

Odaily Planet Daily News Sky announced in a post that Spark has deployed 5 million USDS to Aave’s Lido market through the new Sky USDS direct deposit module. The module has been initialized with a maximum configuration of 100 million USDS and can be expanded with increasing liquidity demand, providing more competitive interest rates for USDS in larger volumes. In addition, USDS suppliers on Aave can now receive SPK and USDS rewards:

• 50,000 US dollars will be allocated weekly for bootstrap rewards, and then adjusted to at least match the sUSDS Interest Rate, currently at 6.5%; -Allocate 3.33 million SPK for monthly pre-mined Airdrop distribution.