#SparkBinanceHODLerAirdrop The Spark (SPK) token has been featured in Binance's 23rd HODLer Airdrop. This is a different "Spark" than the Flare Network's FLR token (which was initially known as Spark and was airdropped to XRP holders back in 2020-2023).
Here's a breakdown of the new Spark (SPK) Binance HODLer Airdrop:
What is Spark (SPK)?
Spark (SPK) is described as an on-chain asset allocator designed to optimize capital deployment across various blockchain networks, including Ethereum, Arbitrum, Base, Optimism, Unichain, and Gnosis Chain. Its primary focus is on optimizing risk-adjusted returns for stablecoin holders by offering products like:
Spark Savings: For earning yield on stablecoins.
SparkLend: Likely a lending/borrowing protocol.
Spark Liquidity Layer (SLL): A layer for managing liquidity