Kill Switch
Off-Chain (Private)
Audited on 2024/03/18
No active critical issues
Summary
Sparklend implements a switch allowing arbitrary addresses to disable borrowing in case of a depeg of a pegged asset. — “The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by leveraging collateral assets approved by “Maker Governance.” Maker Governance is the community organized and operated process of managing the various aspects of the Maker Protocol. Dai is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Resistant to hyperinflation due to its low volatility, Dai offers economic freedom and opportunity to anyone, anywhere.
Project
Multi-Chain
