First-depositor / share-inflation guard
Spark Protocol's assessment for RD-F-075 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
DAI/sDAI borrowing enabled in SparkLend; dependency on MakerDAO stability mechanisms (PSM, USDS peg) creates systemic tail risk. Spark is downstream of Sky Protocol's stability.
Sources #
- Docshttps://docs.spark.fi/user-guides/using-sparklend/spark-assetsretrieved 2026-04-21
Methodology #
Determine whether the vault has a first-depositor guard (seed deposit on deploy, virtual-share offset, or floor-check).
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol spark factor RD-F-075 score yellow collected_at 2026-04-27 01:00:42