The SPK price has fallen from 0.06u to 0.043u, but the fundamentals hide opportunities!

As a governance token of the #Spark protocol, its value is anchored far beyond short-term fluctuations:

1️⃣ Dual-Drive Mode: DeFi Lending (TVL 3.4 billion) + InfoFi Points Economy (on-chain records of SNAPS), reshaping contributor value capture.

2️⃣ MakerDAO ecosystem support: Spark is the SubDAO of the Sky protocol, sharing DSR rates and risk control models, with technical lineage ensuring protocol stability.

3️⃣ Deflationary Design: Staking Burn Mechanism + Fee Rebate (potentially used for paying loan fees in the future), the utility of the token is clear.
Future Catalyst:

In Q3, the cross-chain lending protocol SparkX was launched, challenging AAVE's market share, and in Q4, institutional liquidity pools were introduced to release RWA collateral scenarios.

The 2026 roadmap focuses on the integration of TradFi and DeFi, with the narrative continuously upgrading!

Current window: SPK FDV is only 470 million, lower than Morpho (1.5B) and Compound (428M), indicating significant valuation recovery potential!

It is recommended to accumulate during dips + continue to earn points, and wait for value release after TGE!