Sky Forum has released a new SPK tokenomics proposal

ChainCatcher news, Sky (formerly MakerDAO) posted on the X platform that the new SPK token economics proposal has been released on the Sky forum. This proposal aims to regulate the issuance of Star tokens, with the first Star token SPK set to launch in the coming months.

It is reported that the initial issuance of Star tokens will last for 10 years, with half of the issuance occurring in the first two years, followed by a halving of the issuance rate every two years. Like all future Star tokens, the total supply of SPK will be 10 billion; of which 8 billion will be allocated to three types of recipients: USDS holders, activated SKY holders, and sealed SKY holders. SPK is expected to be issued in the coming months; additionally, 1 billion will be allocated for liquidity incentives, and another 1 billion for contributor token grants. Both portions of tokens will be managed by the governance team of each Star token, with rewards tied to milestones and performance, and liquidity tokens will need to comply with transparency and reporting systems.