Spark (SPK) — a new era of DeFi within MakerDAO

A new heavyweight is emerging in the crypto space — Spark (SPK). This is not just another meme token, but a powerful infrastructure within MakerDAO, designed for large-scale deployment of DeFi lending, yield strategies, and autonomous DAO governance.

🔍 What is Spark?

Spark is a sub-DAO (subsidiary decentralized autonomous organization) within MakerDAO, which has gained full autonomy in developing its own products. The main tool is SparkLend, a lending platform in DAI.

SPK is the native token of this sub-DAO, which allows:

To participate in governance;

To earn rewards for staking and liquidity;

To influence the development of the Spark platform and interaction with NewStable (the new DAI model).

💡 Key products of Spark

SparkLend — decentralized lending in DAI with integration with DSR (Dai Savings Rate).

SparkCash & SparkSavings — solutions that bring DeFi closer to traditional banking.

NewBridge — a bridge for moving DAI between different chains.

📊 SPK Tokenomics

Total supply: 4 billion SPK

Halving mechanics: every 2 years (similar to Bitcoin)

Distribution: through liquidity, staking, gaming mining, airdrops, and community rewards

Mining SPK: begins in “Launch Season 2” according to the Endgame plan of MakerDAO