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Spark Protocol Cuts SPK Emissions 40%
Sky Protocol is eliminating SKY-to-SPK staking rewards, slashing SPK token emissions by ~30%, while proposed Spark buyback tweaks push total net reductions to 40% saving roughly $23 million over the next year based on current revenue. This deflationary shift prioritizes token scarcity over staking incentives, aiming to boost SPK value as Sky focuses on sustainable tokenomics amid DeFi's maturing economics.
#SparkDeflation
$SKY
Sky Protocol is eliminating SKY-to-SPK staking rewards, slashing SPK token emissions by ~30%, while proposed Spark buyback tweaks push total net reductions to 40% saving roughly $23 million over the next year based on current revenue. This deflationary shift prioritizes token scarcity over staking incentives, aiming to boost SPK value as Sky focuses on sustainable tokenomics amid DeFi's maturing economics.
#SparkDeflation
$SKY
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