@SparkDexAI SparkDEX reward timing is now open for community voting.
Participants can help shape the schedule and may qualify for additional allocation at launch.
Learn more:
https://t.co/qbaw973Cfo
@SparkDexAI SparkDEX reward timing is now open for community voting.
Participants can help shape the schedule and may qualify for additional allocation at launch.
Learn more:
https://t.co/qbaw973Cfo
Governance Update: 55 votes cast and counting ⏰🔥🔥
SparkDEX's 5M $SPRK token burn proposal remains active, with 2 days left before voting closes.
If you haven’t voted yet, now is the time to make your voice heard and help shape SparkDEX’s future.
🗳️ Vote here: https://t.co/U3dXTAObyK
Markets are Quiet.
Gurus are guessing.
Predictions are fiction until proven otherwise.
But yield is yield.
Find juicy APRs on SparkDEX 🚀
💰 Up to 60% APR live right now.
Double digits. Real opportunities. 👇
https://t.co/YWOXRzHpsj
🔥 Governance Proposal #2 is LIVE.
The SparkDEX DAO is voting on a 5,000,000 SPRK burn.
🔸 0.5% of max supply
🔸 ~25% increase in total SPRK burned
🔸 Lower future inflation
Voting ends Friday, June 26 at 3:00 PM UTC.
🗳️ Vote with your xSPRK: https://t.co/ghoM3gXkMm
SparkDEX is proud to serve more than 41,000 users!
From total volume to TVL and fees generated, SparkDEX's growth milestones all come back to its community.
41,000 users, and growing daily 💪
📢 Learn-to-Earn Rewards Have Been Distributed!
🏆 Congratulations! 15 winners who successfully completed all campaign requirements have received 20 USDC each.
To recognize the efforts of participants who actively engaged with the campaign but narrowly missed full completion, we have decided to expand our rewards!
🎉 4 participants (6/7 tasks completed) ➡️ 15 USDC each
🎉 13 participants (5/7 tasks completed) ➡️ 10 USDC each
Check your @luminite_wallet to see if you've received your reward! 👀
A huge thank you to everyone who joined, learned, and explored SparkDEX V4 through this campaign.
Knowledge gained. Rewards earned. Stay tuned for the next one! 🚀
Update on SparkDEX Perpetual DEX ⚠️
Following mitigation efforts, the identified vulnerability has been confirmed. Importantly, there has been no impact on traders, liquidity providers, or the protocol itself.
To address the issue, the SparkDEX team has refactored the affected smart contracts and has initiated a comprehensive audit process to validate the changes. The currently deployed Perpetual smart contracts cannot be migrated or updated. As a result, a redeployment will be required once the audit is completed in order to restore normal trading operations.
Until the new deployment is live, the existing contracts will remain operational with limited functionality.
Traders may continue to maintain or close existing positions, but opening new positions or increasing existing exposure is not permitted. Liquidity providers may withdraw their liquidity at any time. However, SparkDEX recommends waiting until all positions have been either closed or migrated, as there remains a significant amount of unrealized PnL. Once positions are closed, liquidity providers will receive their accrued trading fees as well as any realized profits.
Traders may close their positions at any time.
For those who intend to migrate or continue holding their position, SparkDEX recommends waiting for the new deployment to go live, then closing positions on the current contracts and reopening them on the new deployment. To facilitate a smooth migration, SparkDEX will reimburse the one-time closing and reopening fees incurred by traders who migrate their positions to the new deployment. A further update will be provided once the audit has been completed and a final deployment timeline has been established.
The team appreciates the community's patience, understanding, and continued support throughout this process.
👷 New Builders Welcome!
SparkDEX is proud to welcome new dApps to the most powerful and innovative Layer 1 EVM anywhere.
With SparkDEX V4 live, plugging into a composable ecosystem liquidity backbone is easier than ever.
Seriously - no better chain to bootstrap than Flare 🔥
The Sparkdex x Luminite Learn to Earn campaign has officially wrapped up!
A huge congratulations to our 15 winners, selected from the 176 amazing participants who successfully completed all the required tasks! 🏆
What's next?🗓️ We will announce the reward distribution details early next week, so keep your eyes peeled!
Thank you to everyone who joined the campaign and helped contribute to the continued growth of DeFi.
We appreciate your dedication and support! 🚀
@luminite_wallet
#Sparkdex #Luminite #DeFi #LearnToEarn
If you still haven't heard, the future of DeFi is on Flare.
If you don't get it, read up.
If you get it but your friend needs convincing, read up.
If everyone you know gets it and you just love Flare DeFi, hey - go right ahead and read up 👇
https://t.co/9lcYnbh2kj
Heard of Mystic’s Mind-Bending Multiplier? 🧐
It’s called Looping, and it now supports stFLR.
Simply deposit stFLR, receive a wFLR loan, and click "Loop".
@mystic_finance collateralizes your stFLR for more stFLR, amplifying your exposure in 1 click.
https://t.co/zzYbtBBrRH
More XRP moving means more XRP utility ⚡
Trade it. LP it. Put it to work.
The future of XRPFi is being built on Flare, and SparkDEX is helping turn XRP utility into real earning opportunities.