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CryptoWorld News,
According to on-chain analyst Yu Jin's monitoring, Spark's first-month buyback transaction has been completed, with a total expenditure of 571.9k USDS to purchase 26.66 million SPK, at an average price of $0.0215. This buyback amount accounts for approximately 1% of the circulating SPK supply, and the buyback plan is expected to last 12 months. Based on this estimate, it is projected that 12% of the circulating SPK, approximately 320 million tokens, will be repurchased over the year, worth about $6.86 million.