Odaily Planet Daily reports that CoinW officially launched Spark ($SPK) on June 17, 2025, at 14:00 (UTC), and has opened the SPK/USDT trading pair. At the same time, CoinW has launched the "$SPK Bounty Program" with a total prize pool of USD 8,000.
During the event, new users who trade at least 20 USDT will receive $SPK equivalent to 3 USDT, and those who deposit at least 100 USDT will receive an additional 3 USDT worth of SPK. There are also opportunities to participate in trading profit sharing and grid trading rewards.
Spark is a decentralized asset allocation platform under the $Sky ecosystem (formerly MakerDAO), aiming to optimize returns by deploying DeFi, CeFi, and real-world assets. Leveraging reserves of the USDS and DAI stablecoins, Spark provides deep liquidity and promotes on-chain financial development. It features multiple functions such as staking, governance, and liquidity mining, and is expected to hold a significant position in the stablecoin and DeFi markets.