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Spark officially on line SPK tokens to start the governance and pledge phase

June 17 a.m. 8 a.m. (UTC), Spark officially goes online with its original token $SPK and synchronised access to first stage airdrops. Eligible users can complete their collection by 22 July and some can participate in the Overdrive incentive mechanism through pledge.

Officially received address:I'm sorry, I'm sorry.(Please be careful with the fishing website, SPK airdrops are available only on the above site)

Spark, what is it?

Spark is a chain-based capital allocation platform that aims to address the problems of liquidity fragmentation in DeFi, volatile returns and long-term currency stabilization. It achieves the efficient use of funds and the acquisition of risk-adjusted gains by borrowing funds from Sky ' s $6.5 billion stable currency reserve and deploying to the DeFi, CeFi and RWA markets.

Spark's central role is to become DeFi's "mobility bottom", not competing with other agreements, but supporting them. Currently deployed on multiple chains such as Etheleum, Arbitrum, Base, Optimism, Unichain and Gnosis Chain, total assets managed exceeded $3.5 billion and annualized income exceeded $172 million (data changes in real time).

SPK Role and distribution of tokens

SPK is the original currency of Spark and has the following functions:

  • Governance: This can be used to vote for community opinion, and the future will move forward with decentrization.

  • Pledges: Pledges can be obtained from Spark Points, which may be used in the future to secure protocol components such as cross-chain bridges.

  • Incentives: Several eco-growth schemes supporting Spark.

The total distribution of SPK is 10 billion, distributed as follows:

  • 65% (6.5 billion): distributed to users by Sky through SPK Farming within 10 years.

  • 23 per cent (2.3 billion): for Spark's own ecological development and air-drop activities.

  • 12 per cent (1.2 billion): allocated to project teams and core contributors, one year Cliff and three years of linear release.

It is now open for first-stage airdrop Ignition, with some users participating in the Overdrive incentive scheme, and more distribution of the pledged SPK.

SPK Status of Transactions

Currently, SPK has access to several mainstream exchanges, including Binance, OKX, Cripto.com, KuCoin, etc. Current $The market value of SPK is approximately $102.6 million (data at time of writing).

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