PANews reported on October 1 that the DeFi protocol Spark released its roadmap for the next six months today, planning to launch several new products including Savings V2, Spark Institutional Lending, and the mobile application Spark Mobile, and further expand stablecoin liquidity services and automated trading business.

According to the roadmap, Savings V2 will launch on the Ethereum mainnet in October of this year after receiving governance approval. This version will add support for USDT and ETH, in addition to the existing USDC vault (TVL has reached $620 million). Spark Institutional Lending will leverage the Morpho V2 architecture to provide fixed-rate loans to institutions. It is expected to launch by the end of this year with an initial liquidity of over $100 million and is expected to grow to over $1 billion.