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Spark has launched its SPK token as part of a strategic move to strengthen the MakerDAO ecosystem. Focused on integrating Bitcoin-backed loans and capitalizing on diverse crypto opportunities, Spark aims to enhance its competition in the stablecoin market. Key developments include the initiation of ohmyte.Sysroads Bakery commandsing over $322M in SPK assets and distinct token distribution strategies promising significant increases in staking rewards. This transformative milestone, written by @especulacion, sets the stage for sustainable DeFi growth within the Sky ecosystem.
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