1. What is the Project

Spark (SPK) is a blockchain project dedicated to on-chain asset management, optimizing capital allocation across DeFi (Decentralized Finance), CeFi (Centralized Finance), and RWAs (Real-World Assets).

SPARK - Defi Simplified. Savings Maximized

It operates on multiple blockchain networks, including Ethereum, Arbitrum, Base, Optimism, Unichain, and Gnosis Chain. Currently, Spark manages over $3.5 billion in stablecoin liquidity and generates more than $172 million in annual protocol revenue. SPK serves as the governance and staking token, enabling users to participate in decision-making, secure the protocol, and earn rewards.

2. Key Highlights

  • Impressive Scale: Manages over $3.91 billion in stablecoin liquidity and $172 million in annual revenue.

  • Multi-Chain Deployment: Operates on major networks like Ethereum, Arbitrum, Base, and more.

  • Versatile Token: SPK supports governance, staking, and reward distribution.

  • Exciting Airdrop Plans: Includes Binance Hodler Airdrop and campaigns like Pre-farming, Ignition, and Overdrive.

  • Decentralized Governance: Utilizes Snapshot voting, with plans to expand as token distribution grows.

Key Highlights

3. Products

Spark offers an intelligent on-chain asset management platform, maximizing returns from DeFi, CeFi, and RWAs. Key products include:

  • Spark Points: Rewards for users staking SPK.

  • Sky Farming: Users stake USDS (Sky ecosystem’s stablecoin) to farm SPK over 10 years.

  • Airdrop Programs: Initiatives like Pre-farming, Ignition, Overdrive, and Layer3 campaigns to boost community engagement.

Products

4. Fundraising

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5. Backers

Spark is supported by the Sky ecosystem, a broader network where Spark plays a vital role. The Sky ecosystem oversees SPK distribution through Sky Farming and retains the ability to mint additional tokens in emergencies (e.g., to cover bad debt), as outlined in the Sky Atlas.

Backers

6. Ecosystem

Ecosystem

7. Tokenomics & Allocation

  • Genesis Total Supply: 10 billion SPK.

  • Allocation:

    • 65% (6.5 billion SPK): Allocated to Sky Farming (users), distributed over 10 years.

    • 23% (2.3 billion SPK): Allocated to the Spark ecosystem, with 17% available at TGE and 6% after 1 year.

    • 12% (1.2 billion SPK): Allocated to the team, with a 25% cliff after 12 months and 75% vesting over 3 years.

  • Additional Minting: Sky can mint extra SPK in extreme cases to address bad debt.

8. Binance Hodler Airdrop

Binance has named Spark (SPK) as the 23rd project in its HODLer Airdrops program. Users who subscribed BNB to Simple Earn (Flexible or Locked) or On-Chain Yields from June 10, 2025, to June 13, 2025, will receive SPK tokens.

A total of 200 million SPK (2% of the total supply) is allocated for this airdrop, with an additional 50 million SPK for post-listing marketing campaigns.

Learn more https://www.binance.com/en/support/announcement/detail/6ff0fe8602d845488bd6a43aef3bbc0c

9. Token Unlock

  • Sky Farming: 6.5 billion SPK distributed over 10 years with a halving mechanism:

    • Years 1-2: 1.625 billion SPK/year.

    • Years 3-4: 812.5 million SPK/year.

    • Years 5-6: 406.25 million SPK/year.

    • Years 7-10: 203.13 million SPK/year.

  • Ecosystem: 17% available at TGE, 6% unlocked after 1 year.

  • Team: 25% unlocked after 12 months, 75% vesting over 3 years.

Token Unlock

Spark (SPK) is more than an on-chain asset management platform—it’s a groundbreaking bridge between DeFi, CeFi, and RWAs. With its massive scale, thoughtfully designed tokenomics, and backing from Binance, Spark is positioned to lead the blockchain space.

Join this financial revolution and watch Spark light up the future!

This article is for informational purposes only. The information provided is not investment advice

#HODLerAirdropSPK $BNB $SPK