Spark (SPK)

Spark achieved multiple ATHs and delivered key updates in November. Here’s the November recap ⚡️ https://t.co/zO1u4TKJo3

Spark achieved multiple ATHs and delivered key updates in November. Here’s the November recap ⚡️ https://t.co/zO1u4TKJo3

🚨 WILL SPARK LAUNCH MASSIVE BUYBACKS ON $SPK? The SAEP-06 proposal brings a major topic to the forefront: under what conditions the DAO can use its USDS to buy back $SPK, and especially when this mechanism can actually be activated. The operation is simple: Spark can only trigger buybacks if its treasury exceeds a level considered essential for protocol safety. This level is based on two key components: a reserve to cover risks associated with on-chain positions, and a budget covering two full years of operation, including the team, development, maintenance, and operations. 👉 As long as Spark does not exceed this minimum threshold, no buyback is possible. 👉 Once this threshold is exceeded, all excess can be used to buy back $SPK. Based on the historical data examined, this threshold would never have been crossed, meaning no buyback would have been triggered in the past. But if we project the

‼️ #Buyback Proposal @sparkdotfi @sparkdotfi officially TGE did on June 17, 2025 — and by November 25, it had already released a buyback proposal. This makes Spark arguably the fastest protocol ever to convert real profits into governance-token buybacks. (For context: Aave took ~4 years, UNI ~5 years. Spark did it in just 5 months.) 1️⃣ How buybacks will be executed - Security is everything for a DeFi protocol. Beyond protocol-level risk controls, a strong insurance buffer is essential. So before buybacks begin, Spark will continue allocating profits to: 1）Strengthen the insurance fund 2）Reserve a portion for team operational expenses After ensuring strong risk resistance, profits will fully empower the $SPK token 2️⃣ Buyback ratio & timeline - Since @sparkdotfi became financially independent from @SkyEcosystem in July 2025, the treasury has accumulated $32M (https://t.co/RfNoLUR2N4) in profit (5 months). - Buybacks will start once profit reaches $35–45M. After the treasury reaches $70–90M, 100% o

Voting has just opened for one of Spark’s most important governance proposals yet, to adopt a buyback mechanism (SubDAO Proxy Management Plan) What does this mean, and why is this important for the Spark community: 1. Spark accumulates all net revenue into the SubDAO Proxy (treasury), earning over $10 million since TGE in June. Under this proposal, excess funds above what Spark needs for risk capital and OpEx will be used to make SPK purchases according to parameters defined by governance. This mechanism aligns treasury management with the protocol's long-term sustainability. 2. The size of buybacks programmatically increases as the treasury accrues more excess capital. 3. Most importantly, the proposal aims to align protocol operations, treasury management, and community incentives in a transparent and programatic framework. An upgrade built to power Spark's next chapter.

Voting has just opened for one of Spark’s most important governance proposals yet, to adopt a buyback mechanism (SubDAO Proxy Management Plan) What does this mean, and why is this important for the Spark community: 1. Spark accumulates all net revenue into the SubDAO Proxy (treasury), earning over $10 million since TGE in June. Under this proposal, excess funds above what Spark needs for risk capital and OpEx will be used to make SPK purchases according to parameters defined by governance. This mechanism aligns treasury management with the protocol's long-term sustainability. 2. The size of buybacks programmatically increases as the treasury accrues more excess capital. 3. Most importantly, the proposal aims to align protocol operations, treasury management, and community incentives in a transparent and programatic framework. An upgrade built to power Spark's next chapter.

Voting has just opened for one of Spark’s most important governance proposals yet, to adopt a buyback mechanism (SubDAO Proxy Management Plan) What does this mean, and why is this important for the Spark community: 1. Spark accumulates all net revenue into the SubDAO Proxy (treasury), earning over $10 million since TGE in June. Under this proposal, excess funds above what Spark needs for risk capital and OpEx will be used to make SPK purchases according to parameters defined by governance. This mechanism aligns treasury management with the protocol's long-term sustainability. 2. The size of buybacks programmatically increases as the treasury accrues more excess capital. 3. Most importantly, the proposal aims to align protocol operations, treasury management, and community incentives in a transparent and programatic framework. An upgrade built to power Spark's next chapter.