The new feature mentioned a few days ago on @cookiedotfun, similar to kaito

Now a project @sparkdotfi has launched, and those who want to write articles can consider writing about this (after all, if the first project's pre-TGE isn't valuable, let alone the ones that come after)

Link: https://t.co/ttv6dEvdmy

🔴 First, the key point:

It is not recommended for retail investors without funds to engage in this project. Larger investors can give it a try as a savings play.

Those who enjoy writing articles can take a look and see if they might get a share as authors.

For long articles, you can look at others, I will just briefly summarize this project.

1/ No financing

2/ Essentially a lending protocol. The savings APY is around 4.5%, and the logic for lending is similar to other products.

However, the highlight is that their savings have a high TVL, around 2.74B.

Currently, savings only support USDC/USDS/DAI.

3/ There is an $SPK pre-mining event.

Principle: Through lending activities on the platform, the platform will airdrop $SPK tokens.

In the first season (Aug 23 - May 24), a total of 130,434,783 $SPK was distributed to users.

In the second season (May 24 - present), eligible users will receive a monthly reward of 14,478,261 $SPK (this is the total); eligible Aave users will receive a monthly reward of 7,239,130 $SPK.

For specific rules, see the original text: https://t.co/5OtPi8AHtM

Leaderboard: https://t.co/Lcs5fcMBqT

4/ There is a points system.

In simple terms, it relies on savings + lending + invitations to earn points. I haven't calculated the specific points ratio.