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January 21, 2023, 05:54:08 PM |
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Dear SPARK community, We are happy to announce that our official $SPARK token contract and $SPARK Staking contract have been deployed on BSC. 🔥
🔹$SPARK Token Contract: 0xAA5B4246c442b5DdAEc6AbAef25e35f3BC68433d
🔹Staking Pool Contract: 0x078Ba63B94EB9643db950344F2B8f431E4590dC5
Our Token contract holds an auto burn function which burns 1% of the total transaction value made. For example if you transfer 100 $SPARK then at other end you receive 99 $SPARK and 1 $SPARK will be burned forever. In case of depositing in the staking platform , the 1% burn is not effective. So when you deposit $SPARK in the staking platform there is no fee collected from you. But when withdrawing $SPARK from staking platform 1% burn is applied.
We have also added a switch function to control our burn function. This will allow team to turn off burn function on special occasions and cases. For example, during distribution of $SPARK tokens.
In future we will deploy our cross-chain bridge to enable $SPARK in other chains such as Ethereum and Polygon.
For now this is all. Once again welcome to SparkFi Community. Get the opportunity to earn USDT just by staking $SPARK .
Thank You and have a great day!
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