Algorithmic / under-collateralized stablecoin
Spark Protocol's assessment for RD-F-069 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Liquidation bot ecosystem well-established for Aave v3 forks. Multiple competing liquidators; keeper incentive aligned via liquidation bonus. No keeper monopoly identified.
Sources #
- Docshttps://docs.spark.fi/user-guides/using-sparklend/liquidationsretrieved 2026-04-21
Methodology #
Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol spark factor RD-F-069 score green collected_at 2026-04-27 01:00:42