Spark Protocol integrates LI.FI, allowing users to seamlessly convert USDT and USDC to sDAI

ChainCatcher news, the MakerDAO lending protocol Spark Protocol has integrated LI.FI, allowing 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 Dai deposited in the Dai Savings Rate (DSR) provided by MakerDAO, allowing users to earn returns on DSR deposits while still being able to use it in DeFi.