TechFlow reported that MakerDAO announced on Twitter that its lending protocol, Spark Protocol, will expand to multiple chains and has released the steps and procedures for interested parties to deploy Spark Protocol on specific domains (various blockchain networks).
Process for deploying Spark Protocol on a new network:
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First, create a post on the Maker Forum under the SubDAO TWO category (providing background information, technical details, collateral information, liquidity information, etc.);
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After the proposal is created, Phoenix Labs will conduct domain evaluation and provide MakerDAO with recommendations regarding the new domain and collateral inclusion;
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Then, Block Analitica will perform collateral assessment and propose risk parameters for the collateral within Spark on the new domain.
