Sparkfi is a DeFi platform in the Sky (ex-MakerDAO) ecosystem that focuses on moving large amounts of stablecoin liquidity where it earns the best risk-adjusted return. Its three live products are SparkLend (a DAI/USDS-centric money market), Spark Savings (a non-custodial savings vault that pays the Sky Savings Rate) and the Spark Liquidity Layer, which allocates stablecoins directly into other protocols and networks.
Owlto Finance is decentralized Cross-Rollup bridge, focusing on enabling direct and efficient asset transfers between Rollups. This approach circumvents the traditional need for assets to move through the mainnet, reducing transaction times and costs, and catering specifically to the DeFi, NFT, and DEX sectors' need for seamless Layer 2 asset mobility. Owlto Finance operates without its own token and is self-bootstrapped.
Friend.tech is a decentralized social platform that integrates social engagement with financial markets. It allows investment in influencers' "shares" for exclusive access to chat rooms, transforming crypto trading into a social experience. The platform, which tokenizes individuals' social presence, has introduced a points system that may translate into tokens, incentivizing positive behavior. Governance is centralized, managed by the Friend Tech team. It had seen significant activity, with transactions worth approximately $57.1 million, indicating a strong market presence and user growth.
