spark

Savings Dai (sDAI)

EthereumEthereum

Performance

Charts time range:
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Total APY

1.93%

Base APY

1.93%

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Current TVL

435.89M DAI

Where does the yield come from?

MakerDAO pays yield to users who deposit Dai into the Dai Savings Rate (DSR) module. DSR yield is funded by the MakerDAO protocol's excess reserves, generated by fees paid by overcollateralized borrowers on the Maker protocol who borrow through collateralized debt positions ("CDPs").

Protocol
sparkspark
Underlying token
DAIDAI

Reputation & history

8.7

Score (max: 10.0)

  • Protocol:

    spark
  • Network:

    EthereumEthereum
    L2beat
  • Token:

    DAI
    Credora
  • Vault history:

    High

  • # of holders:

    3,518
How is this score calculated?

This score is for informational purposes only. Reputation Score measures how "lindy" this vault and protocol is, while also taking into account external ratings on the underlying network and token. How it works.

Ownership distribution

# of holders

3,518