ChainCatcher news, MakerDAO rebrands Sky announced on the X platform that SparkLend will become the first token of Stars (formerly known as subDAO before the rebranding).Subject to governance approval, the SparkLend token SPK will be distributed to eligible users through Sky Token Rewards, who deposit (stablecoin) USDS to acquire new tokens during each new Star token release.SPK pre-farming has been running for over a year, allowing SparkLend users to receive pre-allocations, which will be claimable at the launch of SPK.

ChainCatcher news, Web3 developer experience platform Katara AI Inc. announced the completion of a $2.2 million seed round financing, led jointly by Diagram Ventures and Sparkle Ventures, with participation from StreamingFast and several angel investors. To date, the company's total financing has reached $2.6 million. The new funding will be used to expand its business beyond Web3 clients to Web2 companies.The startup has built a developer experience platform that integrates generative AI, machine learning, and natural language processing technologies, capable of providing automatic feedback and real-time responses to developers' queries. Its goal is to simplify the onboarding process for developers and enhance efficiency.This platform can be deployed on Discord, Telegram, Slack, and other platforms, and has been integrated into Web3 protocols and projects such as Avail Protocol, Hivemapper, and Filecoin.

ChainCatcher news, Bitget will launch the new Launchpool project Upland (SPARKLET) tomorrow, with a total prize pool of 7 million SPARKLET. This round of Launchpool opens three staking mining pools: the BGB prize pool, with a personal staking limit of 40,000 BGB; the SPARKLET prize pool, with a personal staking limit of 8 million SPARKLET; and an additional new user exclusive BGB prize pool, with a personal staking limit of 1,000 BGB. The investment period is open from July 24, 21:00 to August 3, 21:00 (UTC+8). The SPARKLET/USDT spot trading pair will open tomorrow at 21:00 (UTC+8).It is reported that Upland was launched in 2019 and is an immersive Layer 1 gaming platform, with SPARKLET being the native utility token of Upland.

ChainCatcher news, Phoenix Labs CEO and MakerDAO lending application SparkLend founder Sam MacPherson posted on X that the debt ceiling for the weETH isolation mode has been increased to 200 million USD.

ChainCatcher message, according to official news, the Maker governance portal has opened a new execution vote involving the following changes:Stability Range Parameter UpdateStability fee reduction: involves ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C;DSR reduction: from 8% down to 7%;Update Chainlink Keeper Network Treasury AddressThis is a necessary condition to facilitate the upgrade of Chainlink Automation from v2.0 to v2.1 for MakerDAO;Aave-SparkLend Revenue Sharing PaymentThe smart contract address controlled by Aave Governance will pay 219,125 DAI as part of the Aave-SparkLend revenue sharing;June 2024 Adjusted Delegate CompensationA total of 209.17 MKR will be allocated for this;Spark Proxy SpellDeploy the following changes on SparkLend:Reduce the Spark effective DAI borrowing rate by 1 percentage point to 8%;Increase the weETH supply cap to 200,000 weETH;Increase the weETH isolation mode debt ceiling to 200 million DAI.

ChainCatcher message, the decentralized lending market Spark stated on social media that less than a week after the launch of weETH on SparkLend, users have deposited approximately 26 million dollars worth of weETH.

ChainCatcher news, according to the governance page, the MakerDAO community voted to approve the proposal to "increase the SparkLend D3M debt ceiling to 1.2 billion DAI," which can be executed after 8:55 AM Beijing time on January 14, 2024.

ChainCatcher message, according to the governance page, the Scroll team has posted a proposal on the MakerDAO governance forum, proposing to deploy SparkLend to the Scroll network.

ChainCatcher message, the Ethereum inscription token protocol IERC-20 announces a deep collaboration with Sparkle. Sparkle is a Web3 astrology project incubated by Binance and led by Folius Ventures.Through this collaboration, Sparkle will introduce Inscription NFTs and other Inscription assets on IERC, leveraging the advantages of Inscription to upgrade the gameplay in the GameFi ecosystem. ERC-20 also mentioned that the formal deployment of NFTs and Tick assets, as well as the announcement of the token model, still need to wait. Users are advised to be aware of fraud risks. Tick will be directly airdropped to Sparkle NFT holders and ethi holders, without the need for minting.

ChainCatcher news, the divination-themed NFT social game Sparkle has announced the completion of its Pre-Seed funding round, led by Folius Ventures, with the specific amount of funding not disclosed.According to the crypto data platform RootData, Sparkle is an astrology lifestyle application that offers personalized Soulbound Token (SBT) characters with tradable NFTs, astrology-themed PVP games, and social features. (Source link)