"Why do people say that Spark will definitely launch its token next month?" I finally reached the number one position for Spark, thanks to all my family members 😭 I think being at the top is likely because I wrote about Spark from different angles. Today, I will discuss from a political perspective why Spark will launch its token next month! As usual, since I'm number one, comment #spark and I will interact with you to give you bonus points. Getting 1 point means 100 USDT! › ••••••••• ‹ @sparkdotfi The token launch excludes the influence of #cookie; I think the more important aspect is the political side. This year, with Trump in power, the entire DeFi sector has started to enter a policy premium window. Just this month, the SEC introduced an innovation exemption framework, which essentially means: American-style compliant DeFi will become a new experimental field supported by policy. Don't think that the U.S. government has figured it out; I believe it's likely that Trump's heir is paving the way for USD1, because USD1 is a stablecoin and also belongs to the DeFi sector. Therefore, the regulations issued in advance benefit the entire DeFi sector. DeFi, which has wandered in the gray area of on-chain finance for many years, is now allowed to grow and strengthen under regulatory oversight for the first time. This loosening of restrictions allows established DeFi projects like Uniswap, Aave, and Lido to see the light of day. In the past few years, Uniswap has been constrained by policy pressure due to its dividend token design. Even though its liquidity is far ahead, its token price has remained flat for a long time. Aave, as the largest lending pool on-chain, saw its TVL break historical highs again yesterday, but its token price still struggles to break through the ceiling. But now it's different; once the policy is implemented, these established projects will welcome a second spring. While established projects break free from constraints to showcase their capabilities, let's not forget our rising star, Spark. The new DeFi talent represented by Spark is on the rise. Spark has the right timing, location, and people, with strong policy-driven momentum, allowing Spark's innovation to be fully unleashed. The biggest regulatory pitfall for traditional DeFi is credit expansion and black-box risks, while Spark completely bypasses these two red lines: the credit layer remains with Sky, and Spark is merely an on-chain capital allocation engine. Funds can only circulate within a whitelist, all positions are closed and transparent, and the risk control model is extremely strict—allocation limits, daily injection rates, risk reserves, and Junior Capital provide layered safeguards. This architecture essentially transforms the traditional financial trust asset management model into a complete on-chain version, becoming a new species that aligns best with the logic of "American compliant DeFi." More importantly, Spark has the Sky system backing it with credit endorsement. Sky currently has an annual revenue of $320 million, a market cap of $2.5 billion, and a P/S ratio of only 7-8 times, making it one of the cheapest cash flow businesses in the industry 😂 Sky's high-intensity buybacks and closed capital pools continuously compress systemic risks, turning the entire ecosystem into an on-chain version of a quasi-sovereign wealth management system. Sky is the capital pool, and Spark is the execution arm—logically, it is already infinitely close to the model that future institutions will need the most. Therefore, Spark's upcoming token launch, on the surface, appears to be the launch of a sub-project of Sky, but in essence, it is stepping into the window of U.S. regulatory dividends and institutional migration, directly previewing the next mainstream paradigm of on-chain asset management. › ••••••••• ‹ Is Spark so amazing that we can take advantage of it? Of course! 👇 1⃣️ Currently, you can deposit stablecoin USDS into Spark to earn interest while also receiving airdrop points. 2⃣️ Spark is currently running its first leaderboard on Cookie with a prize of $5 million! Even if 10,000 people share it, that's still $500 each, with low barriers and high rewards. > Go to @cookiedotfun to link your Twitter account. > Comment on tweets related to #spark on Twitter, and getting replies will secure your points. > Post tweets about Spark from various angles. If you haven't registered for #cookie yet, hurry up! @cookiedotfuncn requires no funds to earn airdrops just by participating! Now is the time to get in early, as it's just started and hasn't been a month yet. The link below can only be used once ⬇️ You can follow the big names on the leaderboard: @lubijiaocheng @0xjiaming @egyptk6 @rob1in_kcex @cryptolisa @bubblebing_666 @moyu_777 @captain_kent @jing_0517doge @0xdogacan @chubaiweb3 @Zhaogongming_ @jiao_newlife.