DeFi platform Spark uses $2M revenue to buy back 100M SPK tokens, reducing supply and boosting governance power.

Spark Protocol, a DeFi lending platform, has repurchased over 100 million of its SPK tokens using $2 million from its revenue as part of a governance-approved buyback program. This strategy, approved in early 2026, allocates 10% of monthly surplus revenue for token buybacks to reduce circulating supply and enhance token holder governance and staking rewards. Despite a 31% revenue drop in Q1 2026, the buyback continues with transparent on-chain transactions, reflecting a disciplined approach to managing token supply and treasury funds.