SPK – Governance token in the Spark ecosystem: Sustainable & practical DeFi

SPK is the native token of Spark Protocol, a large-scale on-chain stablecoin management platform that includes Ethereum, Arbitrum, Base, Optimism, Gnosis… Currently, the system has deployed over $3.5 billion in stablecoins, with annual revenue reaching ~$172 million.

SPK is designed to coordinate governance, secure the network, and incentivize participants (staking). A total supply of 10 billion is released evenly over 10 years, with 65% allocated for users (farming) and 23% for ecosystem development.

When launched, SPK has not yet had a wide airdrop – prioritizing distribution through farming and snapshots of Spark users. This token will also play an important role in the security mechanism of Spark's products.

👉 Insights:

• The project has large metrics and a “real” DeFi platform – not just a community rallying effort.

• Clear tokenomics tightly integrates users through direct involvement.

• The price remains low at launch – an opportunity for early participants wishing to engage in real product ecosystems.

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