Controversy as MakerDAO’s Spark Protocol blocks users with VPNs

Related: MakerDAO increases DAI yield in quote to boost demandLaunched in May, the Spark Protocol allegedly offers users up to 8% in yearly returns by providing DAI. The lending platform was developed as a soft fork of Aave v3 by Phoenix Labs, a blockchain research study and development company released by the Maker Foundation.Prior to lending cryptocurrencies in Spark Protocol, users need to concur that they are not utilizing a VPN. Source: Spark ProtocolSpark Protocol is said to utilize TRMs blockchain intelligence services to block wallets from Spark Protocol that engage in legally restricted conduct.Magazine: Joe Lubin– The reality about ETH founders divided and Crypto Google

Cointelegraph tested accessing the site with Singapore-based and australian VPNs and was satisfied with the caution. Spark Protocols terms of service restricts U.S. users from utilizing a VPN to conceal their U.S. residency. Source: Spark ProtocolIn an Aug. 6 tweet, DeFi analyst Chris Blec was among those saying he was “disgusted” with the choice, highlighting it efficiently acts as a blanket restriction on VPNs throughout the world, not simply in the U.S.” Its one thing to obstruct United States residents.