Let's learn about the new star of on-chain liquidity DeFi: $SPK
We also had a position in this coin a couple of days ago.
SPK is the liquidity and yield infrastructure layer for on-chain finance. Since the birth of DeFi, the crypto market has faced challenging structural issues: liquidity is highly fragmented and yields are unstable. Although DeFi has developed continuously over the years, this problem remains unresolved.
SPK acts as an on-chain asset allocator. In terms of ecosystem, it borrows from the SKY stablecoin reserve worth over $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 its billions of dollars in asset reserves, capital efficiency, and liquidity, SPK's potential in the future is worth paying attention to 🔥🔥🔥
