Why Everything Will Be Tokenized: Spark's Path to Mainstream DeFi Adoption
The Smart Economy Podcast: Real-World Blockchain Applications with Crypto, DeFi, NFTs, and DAOs · 2025-07-03 · 55 min
Episode notes
In this episode of The Smart Economy Podcast, host Dylan Grabowski is joined by Sam MacPherson, CEO and co-founder of Phoenix Labs, the R&D company behind the multi-chain DeFi platform Spark. What you’ll learn: How Spark Liquidity Layer helps solve cross-chain fragmentation by automatically deploying capital across multiple L2s Why the transition from DAI to USDS represents a strategic move to capture mainstream adoption The mechanics behind Spark's APY generation through diversified yield sources How institutional adoption is driving DeFi innovation through products like Coinbase's Bitcoin Borrow How Spark evaluates and onboards new L2 networks based on user metrics and market demand And much more! Sam MacPherson is the CEO and co-founder of Phoenix Labs, an R&D group dedicated to building the Spark protocol ecosystem. With over 20 years of software engineering experience spanning video game development and DeFi, Sam joined MakerDAO's protocol engineering team in 2021 during its transition to DAO governance, where he wrote critical smart contracts managing billions in assets.