Spark is now fully autonomous.
As a subDAO under @skyecosystem, Spark now governs, earns, and deploys capital with live revenue reporting - fully independently.
Marking a major step toward a more transparent, composable & scalable DeFi.
An epic thread below from @hexonaut (CEO and Co-Founder of Phoenix Labs) on the new structure and financial reporting👇
It’s fundamentals season, and Spark is in an uncommon position where it is cash flow positive at launch.
I’ve written a blog post to cover how Spark makes money and how things relate to the Sky ecosystem.
Below is a summary. Let’s dive in. 🧵👇
61.06K
143
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.