⚡️Spark has started to repurchase SPK, which is a solid positive signal—
Through a gradual mechanism, executing small hourly purchases, it has accumulated a repurchase of 5.3wu of $SPK, expected to continue for 12 months.
Empty talk is useless, what can be seen on the chain is hard logic!
Having taken this step, Spark @sparkdotfi can be said to have truly entered the second stage: "Surplus Hedging".
Currently, the scale is still small, but if this trend can continue for one or two years, the effects may be different.
You can refer to Maker (Sky) at the bottom of the bear market in 2022, which saw a price increase of +25% after a similar gradual repurchase.
In addition, I think the resilience shown by Spark in this round is also worth paying attention to—
The current environment is not friendly, with a bear market + BTC downward + high macro risk, many DeFi protocols have revealed their true form, TVL has generally halved, fees are gone, and the treasury has started to consume its old assets.
However, Spark's TVL has only slightly decreased, and the protocol is estimated to generate nearly $30 million in revenue each year, with reserve funds and operational surplus remaining reliable;
It is truly a model of low-profile stability, with potential to quietly make profits!

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