Gate News bot message, according to the official announcement from Gate on June 17, 2025:
Gate will launch Spark(SPK) staking mining activities on the Launchpool platform from 20:00 on June 18, 2025 to 20:00(UTC+8) June 25, 2025. Users can participate by staking SPK tokens, and a total of 720,000 SPK tokens will be released as mining rewards during the event. The system will issue corresponding rewards to users’ spot accounts every hour according to the proportion of users’ pledged assets.
Spark is an on-chain capital allocator managing a fund size of $3.95 billion, covering DeFi, CeFi, and real asset (RWA) fields. The project is committed to achieving large-scale capital efficiency release, capable of automatically adjusting portfolios based on market conditions while maintaining robust risk control.
The announcement also disclosed that Gate Labs did not participate in the investment of Spark(SPK).
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