Understanding in One Article: SPK

SPK is the liquidity and yield infrastructure layer of on-chain finance. Since the birth of DeFi, there has been a persistent structural problem in the crypto market: liquidity is highly fragmented and yields are unstable. Although DeFi has been continuously developing over the years, this issue remains unresolved.

SPK is equivalent to an on-chain asset allocator. In terms of the ecosystem, it borrows from the SKY-backed stablecoin reserves, which exceed $6.5 billion, and deploys capital into DeFi, CeFi, and RWA.

It provides stable liquidity to the market while achieving large-scale risk-adjusted returns.

The core key of SPK is its liquidity layer, which can automate the provision of liquidity to earn yields directly from SKY across various blockchain networks and DeFi protocols.

With the backing of SKY's ecosystem and billions of dollars in asset reserves, along with outstanding capital efficiency and liquidity, the future potential of SPK is very worthy of attention.