[Spark Has Initiated Voting on the Governance Proposal for Adopting a Buyback Mechanism] Spark announced on the X platform that voting has commenced on the governance proposal for adopting a buyback mechanism (SubDAO Proxy Management Plan). Since the token generation event (TGE) in June, the protocol has deposited over $10 million in net revenue into the SubDAO treasury. According to the proposal, the excess funds beyond what Spark requires for venture capital and operational expenses (OpEx) will be used to purchase SPK tokens based on governance-defined parameters. As the treasury accumulates more excess capital, the scale of buybacks will expand accordingly in a procedural manner. The proposal aims to align protocol operations, treasury management, and community incentives within a transparent and procedural framework.