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In the past hour, the entire network was liquidated by $233 million, with $117 million liquidated in a single ETH position.
7m ago
Data: If BTC breaks through $77,702, the total liquidation strength of short positions on mainstream CEXs will reach $1.142 billion.
13m ago
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Sky has removed the SPK rewards for staking SKY, which combined with buybacks can reduce the net issuance of SPK by 40%.
Odaily Planet Daily reports that Sky has removed the Spark (SPK) token rewards for staking SKY tokens. The official Sky account on X stated that this move will reduce the SPK emission by approximately 30%. Combined with the proposed updates to Spark’s buyback parameters, these adjustments are expected to reduce the net emission of SPK by 40%.
Based on current net income and SPK prices, this is equivalent to reducing emissions by approximately $23 million over the next 12 months.