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There is a Defy Protocol behind spark, sparkland and spark savings, Launched Late It is designed to reward the long -awaited Aerdrop campaign to reward the contributors of the initial ecosystem and to kick decentralized governance via SPK tokens.
According to the spark team, the campaign will reach around 50,000 participants, which will spread users of Aave, Pendle, Kentrifuge, Morpho, Unichain, Lido and OP Mainnet. The eligibility is determined on the basis of pre -engagement with sparkland or on selected stabecin basis, including USDS, SUSD, Dai, SDAI and XDAI (gas tokens of gnosis chain). Token recipients can check the eligibility and claim their SPK at the token launch through ignition Government port,
The token is not live in itself, and no launch date has been announced – so look for fishing efforts!
The scope of eligibility is clearly wider: users who used to hold stabelcoins or interact with platforms such as AAV, Morfo, Pendall, or fluid, as far as the sparks were launched – as far as the sparks were launched – can be qualified. Users achieve qualifications from placing tokens and DEFI positions on Etharium Mennet, base, arbitrum and optimism, and even L2 -like Ganosis and Polygos.
The SPK tokens, however, would be claimed only on the Etreum Mainnet, regardless of the network where the eligibility was earned. Claim Window is expected to last for six weeks after launch, after which the unclaimed SPK will be redirected to the “overdrive” stage.
The overdrive is the second planned campaign phase after ignition, and sets up a stacking-based prize program that allows recipients to put their SPK at stake for additional yield. Participants of spark savings may receive promotion allocation during overdrive based on their prior activity. This is a way in which spark aims to reward long -term alignment and meaningful participation in its financial stack.
Sam McFerson, CEO and co-founder of Spark’s core development team, Phoenix Labs, said, “This aircraft is a major milestone in the roadmap of Spark and a fundamental step towards a more interofforable and composable decentralized financial system.”
Spark has expanded its role in the DEFI landscape through vertical integration, as mentioned in Alia Research Recent report,
“Spark provides high of ondred saving (SSR) in the same stack, low OST cost USD borrowings (sparkland), and deep cross (SLL).” This combination enables sparks to provide spark capital efficiency on a scale – without fragmentation. Along with it. Sparklend and SLL in SLL, SLL in SLL, from $ 5.5.5 Billion in sparks. One of the heaviest capitalized systems of Defee is.
The SPK token will serve as the governance core of this ecosystem, the protocol upgrade, integration will shape the allocation of capital through preferences and ochen voting. It is part of a large -scale 10 -year emission roadmap Spark artefacts From the sky (in the east) Atlas.
Of the total SPK tokens of 10 billion, 6.5 billion will be distributed through the generation of origin by the sky, and 3.5 billion will be allotted to the Spark Foundation. The emission starts at 1.625 billion per year and gradually decreases to a long-term rate of 203 million SPKs annually by seven years.
This measured schedule is designed to balance the utility with decentralization. As Alia said, “The price proposal of spark makes a feedback loop that strengthens its liquidity and strengthens other protocols.” The long -term design of the SPK invites the DEFI to become the steward of the infrastructure, not only passive recipients.
The ignition of spark comes in the midst of an increase in other Defee Primrities. Today morpho Announced V2, with an intense-based lending platform, with focus on fixed-by, fixed-term loans. Its onchain lending infrastructure already powers third-party services such as coinbase BTC and back loans.
SPK regime can affect capital allocation – not only in savings and stable borrowings, but in multi -chain lending markets. Its ambition: to align governance, liquidity and yield under one roof.
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