$SPK
Spark (SPK) is the native governance and utility token of Spark, a decentralized "on-chain capital allocator" that evolved from the MakerDAO (now Sky) ecosystem. It is designed to manage liquidity across DeFi and Real-World Assets (RWA).
As of January 30, 2026, SPK is in a high-growth but highly inflationary phase.
### 1. Core Value Proposition
The "Engine" of Sky: Spark is the primary lending and liquidity arm for the Sky (formerly MakerDAO) ecosystem. It manages billions in Total Value Locked (TVL) across platforms like SparkLend and the Spark Liquidity Layer (SLL).
Cross-Chain Yield: Spark provides a unified interface for users to access high-quality stablecoin yields (like USDS and USDC) on Ethereum, Base, Arbitrum, and Avalanche.
Institutional Bridge: A major 2026 catalyst has been Spark's partnership with Anchorage Digital, allowing on-chain lending against off-chain collateral like U.S. Treasuries, making it a leader in the RWA narrative.
### 2. Tokenomics & Market Stats
Utility: SPK is used for governance voting and can be staked in "Sky Farming" programs to earn protocol fees.
Supply Pressure: SPK has a total supply of 10 billion, with only 2.3 billion (~23%) currently in circulation. This "low float, high FDV" (Fully Diluted Valuation) model creates consistent sell pressure as more tokens are emitted to farmers.
Current Market Data (Jan 30, 2026):
Price: ~$0.021 - $0.022 (Down ~88% from its July 2025 high of $0.18).
Market Cap: ~$50 million.#CZAMAonBinanceSquare #WhoIsNextFedChair #PreciousMetalsTurbulence #ZAMAPreTGESale #PreciousMetalsTurbulence