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Spark: SPK token pre-mining season 2 is scheduled to start today, with a monthly distribution of 6.66 million
2024-05-20 15:04
Odaily News Spark, a lending protocol under MakerDAO, announced on X-Platform that the second season of SPK token pre-mining will be launched soon, with a monthly allocation of 6.66 million SPKs. The SPK allocation is fixed for each block and will be allocated to eligible SparkLend users on Ethereum. The specific conditions are: 1. The amount of ETH deposited by the user and the amount of DAI borrowed; 2. The term of the user's ETH deposit or DAI borrowing position. After the launch of SPK tokens, users will be able to claim the allocations they receive in the two seasons based on the total amount of SPK pre-mined. The second season of SPK token pre-mining is scheduled to start at 14:26 UTC on May 20 and end when SPK and Spark SubDAO are launched.