The founder of MakerDAO initiated a proposal on the overview of the "Spark Protocol (SPK) pre-mining airdrop plan and SubDAO mining economic model."

ChainCatcher message, MakerDAO founder Rune Christensen initiated a community proposal regarding "Overview of the SparkDAO SPK Pre-Mining Airdrop and SubDAO Farm" to outline the potential SPK pre-mining airdrop plan for the lending protocol Spark Protocol and to review the general SubDAO mining economic model that will be launched in the second phase.

The proposal suggests retroactively calculating which users borrowed from Spark Protocol, starting from the moment the borrowing interest rate was raised to 5% from EDSR, and distributing tokens based on the amount and duration of the volatile assets they have staked, allowing users to qualify for the airdrop without taking any special actions.

A total of 2 billion SubDAO tokens will be distributed to each SubDAO participant over 10 years, with the initial two years having a genesis farm rate of 500 million SubDAO tokens per year, of which 350 million SubDAO tokens are allocated for NewStable farmers and 150 million SubDAO tokens for NewGovToken farmers. In the following two years (third to fourth year), the genesis farm rate will be 250 million SubDAO tokens per year, with 175 million SubDAO tokens for NewStable farmers and 75 million SubDAO tokens for NewGovToken farmers.