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Spark opens the "SubDAO Proxy Management Plan" proposal voting.
GateNewsBot
SPK0,71%
According to Foresight News, the DeFi protocol Spark has opened voting for the “SubDAO Proxy Management Plan” proposal, which will continue until November 28. The proposal includes that Spark will accumulate all net profits into the SubDAO Proxy (treasury). Surplus funds exceeding Spark's risk capital and operational expenditure needs will be used to purchase SPK Tokens according to governance parameters. As the treasury surplus capital rises, the repurchase scale will automatically expand according to the program.
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