[Sky has removed SPK rewards for staking SKY, reducing SPK net emissions by 40% after buyback] Odaily Planet Daily reports that Sky has removed Spark (SPK) token rewards for staking SKY tokens. Sky's official account posted on X, stating that this move will reduce SPK emissions by approximately 30%. Combined with the proposed updates to Spark buyback parameters, these adjustments are expected to reduce SPK net emissions by 40%. Based on current net revenue and SPK prices, this equates to a reduction of approximately $23 million in emissions over the next 12 months.