What is Spark (SPK)?

Spark (SPK) is the governance and utility token of the Flare Network protocol. Its main function is to allow holders to actively participate in the direction and evolution of the network.

In summary, Spark is:

* Governance Token: SPK holders can vote on important proposals regarding the development and changes of the Flare protocol. This includes decisions on new features, updates, and how the network is managed.

* Utility Token: In addition to governance, SPK has practical uses within the Flare ecosystem. For example, it can be used to pay transaction fees or to participate in other functionalities of the network.

Flare Network aims to build a new generation of decentralized applications, and for this, Spark is fundamental to ensure that the community has a voice in its future.