SparkDEX

First AI-driven DeFi ecosystem on @FlareNetworks |

[SparkDEX @SparkDexAI]

rFLR rewards have landed 🪂

LPs can now claim this month’s distribution.

🌾 Farm rewards remain unchanged — there are no changes to rFLR emissions across farms this epoch.

Not LPing yet? Start Today.

🔗 https://t.co/R565MSyYkA

[SparkDEX @SparkDexAI]

Today’s Big Burn was apparently too hot for @X to handle… 🔥🔥🔥

5M $SPRK went up in flames, and X decided the video needed a “Graphic Content” warning. 🙃

Mission accomplished 🤝

[SparkDEX @SparkDexAI]

🔥 It’s official. The community has decided.

The proposal has passed, and the team has successfully executed the 5M $SPRK token burn ✅

Thank you to everyone who cast their vote.

More to come! ⚡️

[SparkDEX @SparkDexAI]

The burn transaction has been successfully executed and is fully verifiable on-chain:

https://t.co/1Zejxz6gAO

[SparkDEX @SparkDexAI]

🔥 It’s official. The community has decided.

The proposal has passed, and the team has successfully executed the 5M $SPRK token burn ✅

Thank you to everyone who cast their vote.

More to come! ⚡️

[SparkDEX @SparkDexAI]

@0xQuantic Congrats! 🎈

[SparkDEX @SparkDexAI]

⏳ Only 18 Hours Left!

Every vote helps shape the future of the SparkDEX ecosystem. If you haven't voted yet, now is the time to make your voice count.

🗳️ Vote before the deadline: https://t.co/ghoM3gXkMm

[SparkDEX @SparkDexAI]

Stables here. Stables everywhere.

On SparkDEX, these stable pairs earn extra rewards on top of swap fees.

Got stables on Flare? Put them to work!

https://t.co/YWOXRzHpsj

[SparkDEX @SparkDexAI]

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

[SparkDEX @SparkDexAI]

🔥 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 @SparkDexAI]

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

[SparkDEX @SparkDexAI]

🔥 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 @SparkDexAI]

https://t.co/9VkpXnJodk

[SparkDEX @SparkDexAI]

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 💪

[SparkDEX @SparkDexAI]

📢 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! 🚀

[SparkDEX @SparkDexAI]

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.

[SparkDEX @SparkDexAI]

Important Update on Perpetuals 🚨

During ongoing audits, our Developer Team identified a potential vulnerability in the Perpetuals smart contract.

Out of an abundance of caution, we’ve paused:
• New liquidity inflows
• Opening new trades
• Increasing position sizes

This is a preventative measure while we investigate the scope and impact.

More details below 👇

[SparkDEX @SparkDexAI]

@Clashforcrypto @KingKaranCrypto V3/V4 Pool deposits and Farming Pool deposits remain live and unaffected. The vulnerability is isolated to the Perpetuals product (Perp trading and the Perpetual Liquidity Pool) and does not impact any other SparkDEX liquidity or farming products.

[SparkDEX @SparkDexAI]

👷 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 🔥

[Flare Devs @FlareDevHub]

New to Flare?

Explore ecosystem projects, tools and important FTSO provider metrics here. ⤵️

https://t.co/1TWfuQcowG

And if you are building something new make sure to submit for listing!

[SparkDEX @SparkDexAI]

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

[SparkDEX @SparkDexAI]

🚨 SparkDEX x Luminite Learn to Earn is LIVE ⚡

💰 $1,000 USDC Prize Pool
⏲️ May 28 to Jun 8

Complete social + on-chain tasks using Luminite Wallet for a chance to earn rewards.

50 fastest users to complete all tasks will receive 20 USDC each 🎁

Join now 👇
https://t.co/XQqRr09rNE

[SparkDEX @SparkDexAI]

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

[SparkDEX @SparkDexAI]

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