Spark plans to allocate $1 billion from its balance sheet to Ethena's revenue-generating token.

BlockBeats News, January 15th, according to The Block, the lending sub-DAO of the Sky ecosystem, Spark Protocol, plans to allocate $1.1 billion from its liquidity layer balance sheet to Ethena's USDe and sUSDe tokens to improve capital efficiency.

Spark's liquidity layer manages $6.2 billion in stablecoin liquidity, supporting users to convert between USDC and Sky's USDS or sUSDS tokens across multiple networks.