#SparkBinanceHODLerAirdrop Binance has announced its 23rd HODLer Airdrops project featuring Spark (SPK), a decentralized finance (DeFi) protocol focused on optimizing risk-adjusted returns for stablecoin holders. The project has garnered significant attention, with over $3.97 billion in liquidity deployed across various networks.

To be eligible for the SPK airdrop, users must have subscribed their BNB to Simple Earn or On-Chain Yields products on Binance between June 10 and June 13. The airdrop rewards will consist of 200 million SPK tokens, representing 2% of the total supply.

The SPK token will be listed on Binance on June 17, with trading pairs including SPK/USDT, SPK/USDC, SPK/BNB, SPK/FDUSD, and SPK/TRY. The token will initially carry a "Seed" tag, indicating a relatively new project with higher volatility.

Spark Finance operates as an on-chain capital allocator, generating significant annualized revenue. The project's core products include Spark Savings, SparkLend, and Spark Liquidity Layer (SLL), designed to enhance liquidity and provide competitive yields.

The SPK token has a total supply of 10 billion, with 1.7 billion tokens in circulation at the time of listing. Binance's HODLer Airdrops program aims to reward users based on historical snapshots of their BNB holdings.