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⚡️ Spark @sparkdotfi, through the SAEP-09 proposal and the Sky ecosystem's 30% emissions reduction, has created a perfect combination of cost-saving and open-source deflation—I think you can start considering positioning yourselves now:
👉 SAEP-09 Proposal: Release existing funds and expand the buyback inflow.
Unlock and release existing funds tied up in the protocol. By lowering the safety cushion requirement and accelerating capital turnover, more protocol revenue can be directly used for $SPK buybacks.
👉 Sky Emissions Reduction Action: Remove SPK rewards from SKY staking, cutting off the inflation outlet.
Sky is willing to sacrifice the staking attractiveness of its own token SKY to ensure the success of the SPK buyback proposal.
This shift is equivalent to directly transforming SPK from a simple "mining coin" model to a revenue-driven value accumulation model, demonstrating the high degree of synergy and long-term value orientation among SubDAOs in the MakerDAO ecosystem.
The estimated annualized emissions reduction/buyback potential reaches $23 million, roughly 45% of the current circulating market capitalization.
This proportion is extremely rare in DeFi projects; it's equivalent to a company using 45% of its annual profits for stock buybacks, providing extremely strong support for the token price.
If execution goes smoothly, the buyback should begin next month!

Spark
@sparkdotfi
01-22
SAEP-09 Proposal: Adjusting SubDAO Proxy Parameters has been put up for vote. The proposal outlines adjustments for Spark governance to consider regarding parameters associated with the previously approved SubDAO Proxy reserve plan.
Key Changes:
- Target Runway: 24m to 12m
-


This is possible.
Let's take some profits, Brother Dog!
Dry
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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