💥 $SPK has been mined! 💥 Currently, by depositing $USDS at @sparkdotfi, you can earn 12% APY in $SPK! 🚀 The TVL has quickly approached $400M in just one day. 🤯 The operation is very simple; you can exchange USDC 1:1 on the Spark official website and then deposit $USDS. In addition to depositing $USDS, you can also deposit $SKY at @SkyEcosystem to earn 30% $SPK 💰 If you want to maintain market neutrality, you can also short hedge at @Lighter_xyz to earn funding rates + points. 🛡️ With 2x leverage, you can steadily earn 20%+ annualized returns, which is better than simply depositing $USDS, but the operation is a bit more complicated～ After $SPK is mined, we can see if the entire $SKY / $USDS flywheel effect can take off. The supply of $USDS will gradually increase, boosting protocol yields, which will benefit $SKY holders. At the same time, the staking rewards for $SKY will also increase. Currently, $SKY holders can choose to mine $USDS (12%) or $SPK (30%), and it is expected that the yields of both will gradually balance out. ✨ And Spark is just the first sub-project under the Sky Ecosystem; several more are expected to be launched this year, at which point $SKY / $USDS will also be able to mine, increasing use cases and mining rewards! 💡