Sky Makes Major Move: SPK Net Emissions Set to Drop by 40%

Major Shift in SPK Economics

Sky has eliminated SPK rewards for staking SKY tokens. This strategic move is expected to reduce SPK emissions by roughly 30%.

Buybacks Will Multiply Impact

Combined with proposed updates to Spark's buyback parameters, these changes could slash net SPK emissions by 40% overall.

Financial Implications

Based on current revenue and SPK pricing, this initiative will prevent approximately $23 million in token emissions over the next 12 months.