Spark Protocol integrates LI.FI to allow users to seamlessly convert USDT and USDC to sDAI
According to ChainCatcher, MakerDAO lending protocol Spark Protocol has integrated LI.FI, enabling users to seamlessly transfer USDT and USDC directly to sDAI (Savings Dai) without leaving the Spark platform.
It is reported that sDAI is a tokenized representation of the Dai Savings Rate (DSR) provided by Dai deposited in MakerDAO, allowing users to receive returns on DSR deposits while still being able to use it in DeFi.
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