SPK (Spark) Token product
Overview
SPK (Spark) Token is the governance token of Spark Protocol, a decentralized lending and borrowing platform built on the MakerDAO ecosystem. It enables holders to participate in protocol governance, including voting on parameters and upgrades. The token is also used to incentivize liquidity provision and borrowing activity within the protocol.
Within the DeFi Intel graph, SPK (Spark) Token connects to 1 tracked entity, most strongly to Spark Protocol.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
governance_token | Spark Protocol | 70% |
Frequently asked questions
What is SPK (Spark) Token?
SPK (Spark) Token is the governance token of Spark Protocol, a decentralized lending and borrowing platform built on the MakerDAO ecosystem.
What can SPK token holders do?
Holders can participate in protocol governance, including voting on parameters and upgrades, and the token is used to incentivize liquidity provision and borrowing activity.
What is SPK Token connected to?
SPK Token is the governance token for Spark Protocol.