Sparkrypt blockchain community, created to support its members by providing fair and transparent representation in delegated governance.
Stake and Mint SPRK Rewards using the SPARKRYPT app.
Sparkrypt offers the easiest way to stake, mint and earn better rewards over time. Stake on Sparkrypt app or Tron blockchain we represent to earn rewards that multiply your earning potential easily and reliably.
Sparkrypt represents multiple blockchains through operating a node
or other means that support the networks. For its representation,
Sparkrypt earns rewards in the blockchain’s native coin and
distributes SPRK backed by those coins.
Calculate
your stake ROI.
Sparkrypt is a multi-blockchain community, created to support its members by providing fair and transparent representation in delegated governance. Sparkrypt accomplishes this by maintaining a reputation of upholding its core values of community, transparency and privacy. Take an active role in blockchain adoption and join the conversation by following our Twitter account and Telegram channel.
The 80:10:10 reward model is a representation of the community-first ideology that Sparkrypt embraces. Participation with Sparkrypt entitles an individual to their proportional share of 80% of SPRK distributed daily. 10% is allocated for the SPRKGerminator Developer Fund, and 10% is allocated for Sparkrypt’s operating expenses.
SPRK is a representation of the rewards created through
community participation across all blockchains on which
Sparkrypt operates. SPRK can be exchanged at any time for its
pegged value. SPRK provides special benefits to holders, such
as rewards from funded SPRKGerminator projects. SPRK
automatically participates on each blockchain on which
Sparkrypt is represented. Holding SPRK earns more SPRK every
day.
Learn more about SPRK
here.
SPRK is earned by community participation such as voting or staking across any represented blockchain on which Sparkrypt operates. Currently the maximum number of SPRK issued to participating community members is 100,000 SPRK daily. SPRK automatically participates on blockchains on which Sparkrypt is represented. Holding SPRK will earn more SPRK every day.
No further action is required! SPRK automatically participates on blockchains on which Sparkrypt operates. Simply by holding SPRK, it will automatically start accruing more rewards each day from represented blockchains. In addition, every month rewards from SPRKGerminator projects will be sent out to SPRK holders. SPRK can be exchanged for its pegged value at any time, which is constantly increasing. Stay tuned for updates and announcements by signing up to our newsletter and following our Twitter and Telegram channel.
Sparkrypt earns node rewards from all the blockchains on which it operates and distributes them back to the community as SPRK using the 80-10-10 model. SPRK is pegged to these node rewards. This means each SPRK token is always redeemable for a specific amount of coins or tokens. This redemption value, or pegged value, can never go down and is constantly increasing. At a minimum, 10% of all node rewards earned by Sparkrypt each day will be utilized to increase the pegged value of all circulating SPRK. This means every SPRK held goes up in redemption value every day. SPRK is redeemable for its pegged value at any time. For more information and to see the current pegged value, click here.
No, it does not matter. SPRK from Sparkrypt is blockchain agnostic. This means SPRK held on any represented blockchain is entitled to all its benefits.
Participation Power is the added advantage holding SPRK has over participating with a native coin. The reason for this is that Sparkrypt accounts can participate on any represented blockchain, but are ineligible to receive the rewards for this participation. Instead, those rewards are distributed among SPRK holders in proportion to how much they hold. Participating with SPRK earns more rewards than participating with the same amount of coins backing each SPRK.
Sparkrypt does not sell any SPRK tokens. They can only be earned directly from Sparkrypt by community participation such as voting or staking. However, trading pairs are available on various exchanges. Some options are ABCC and TronWatch Market on the TRON blockchain.
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