Video Description
In April, a hacker widely assumed to be tied to North Korea drained tens of millions from KelpDAO's rsETH market, and most of DeFi took the hit. Spark did not, because it had quietly exited rsETH months earlier.
Sam MacPherson, cofounder and CEO of Spark, joins Laura Shin to unpack the conservative playbook, rate limits, a triple redundant oracle, and a governance process built to move slowly on purpose, that turned a near miss into a footnote while rivals absorbed the damage.
They cover why Spark's TVL climbed more than 50% after the hack, how emergency multisigs and time locks work when Sky's month-long governance process is too slow, and why MacPherson thinks AI will make smart contract audits more reliable, not less.
MacPherson also maps Spark's growing footprint, from...
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