Polygon Labs initiated a proposal to deploy the lending protocol Spark Protocol to Polvaon zkEVM

ChainCatcher news, the Polygon Labs team has initiated a new proposal in the MakerDAO governance forum to deploy the MakerDAO lending protocol Spark Protocol to the Polvaon zkEVM. The proposal states that Spark Protocol currently utilizes Chainlink Price Feeds to meet its oracle needs, and that Polygon Labs is in discussions with the Chainlink Labs team, who will soon support Polygon zkEVM in August, providing ample time for the Spark deployment to Polvaon zkEVM.

The proposal states that the initially launched collateral includes WETH, wstETH, and DAI, with a minimum target size of $500,000 for DAI liquidity to kickstart liquidity. Polygon Labs will work to determine additional initial grant sizes to guide the development of Spark on Polygon zkEVM.