Spark's Operational Facilitator has placed a proposal into the voting system on behalf of nested contributor Phoenix Labs.
The Spark community can hereby express support or opposition to the following changes, as described by the author of the proposal:
We plan to grow the spUSDT savings vault significantly in the coming months, and propose to increase the deposit cap to allow for growth beyond the current 500 million USDT limit. We are planning to update the Spark Savings Configuration and Strategy section of the Spark Artifact to more closely align the spUSDT rewards rate with revenue generation, which should significantly reduce potential financial risk of higher spUSDT supply caps.
Parameter summary:
- spUSDT supply cap: 2 billion
The proposed Spark Artifact changes can be found in the following pull request: https://github.com/sky-ecosystem/next-gen-atlas/pull/160