Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
MakerDAO’s money market, Spark Protocol, is experiencing high demand as it reaches its DAI debt limit after raising it from $20M to $200M less than two weeks ago. Within eight days of the increase, users borrowed $180 million in DAI, prompting MakerDAO to take another look at its debt ceiling. The high demand for the Spark Protocol highlights the growing popularity of decentralized finance projects.
