Gate News bot news, according to the official announcement from Gate on June 17, 2025:
Gate will launch Spark on June 17, 2025, at 17:00 ( UTC+8, opening the SPK/USDT trading pair. The blockchain contract address for SPK is 0xc20059e0317DE91738d13af027DfC4a50781b066.
As part of the launch supporting activities, Gate will introduce multiple SPK-related events, including the Launchpool mining activity starting on June 18, trading competitions, Alpha trading, and a special financial management plan for leftover coins, offering a total of over 3 million SPK as event rewards.
Spark is an on-chain capital allocator that currently manages a capital scale of 3.95 billion USD, covering the fields of DeFi, CeFi, and RWA, mainly achieving optimized capital efficiency through automation.