Citing MetaEra, on November 25 (UTC+8), DeFi protocol Spark opened a proposal vote for the 'SubDAO Proxy Management Plan,' which will run until November 28. The proposal includes accumulating all net earnings into the SubDAO Proxy (treasury), with surplus funds beyond Spark's risk capital and operational needs to be used for purchasing SPK tokens based on governance parameters. As the treasury surplus grows, the buyback scale will automatically expand in accordance with the process. (Source: Foresight News)
DeFi Protocol Spark Opens SubDAO Proxy Management Proposal Vote
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