The pioneer and one of earliest DeFi protocols, MakerDAO has taken a controversial decision for its Spark protocol after it has suspended VPN users from accessing the recently launched lending platform.
While blocking users who are connected to VPNs, Spark protocol’s website displays “Accessing this website via VPN is not allowed.” The protocol’s updated terms of services previously warned to not use VPN or it may block users permanently.
The DAO has essentially taken this decision in an attempt to restrict users from accessing protocol’s services within the US. Its website also states in footer that accessing Spark Protocol is prohibited in the USA.
With this move, MakerDAO has received backlashes from the community as while it being at the forefront of spreading decentralization and restricting users from a certain geographical location.
A popular DeFi personality, Chris Blec criticized DAO’s decision citing that blocking users from US and others using VPN is a whole different thing.
Spark protocol is a liquidity marketplace that allows users to lend or borrow DAI with other crypto assets. It was launched by MakerDAO in May to enable financing with its usd-pegged DAI stablecoin.
Also Read: Revolut Ends Crypto Services In the US Amid Regulation