xSPRK Staking
Last updated
Last updated
xSPRK Contract Address: https://flarescan.com/address/0x657097cC15fdEc9e383dB8628B57eA4a763F2ba0
xSPRK is SparkDEX’s staking token — a wrapped version of $SPRK that grants direct access to revenue sharing. It represents your share of SparkDEX’s earnings from both spot and perpetual trading activities.
Important: Holding $SPRK is not enough. You must wrap into xSPRK to participate in staking rewards
xSPRK earns rewards from both the V3 DEX and Perpetual Exchange:
V3 DEX Fees:
5% of all trading fees are distributed among xSPRK holders.
Perpetual Exchange Fees:
20% of fees go directly to xSPRK stakers — offering significantly higher passive yields.
When unstaking xSPRK, you can choose how quickly you want access your original SPRK tokens:
Instant (0 days)
50% SPRK back
50% is burned (deflationary)
Full (15 days)
100% SPRK back
0% burned
Custom Unlock
Linear from 50–100%
Based on duration chosen
xSPRK staking delivers double the value:
Direct Rewards: Passive income from platform revenues.
Indirect Benefit: Buyback & Burn reduces supply and increases scarcity, supporting SPRK price over time.
As SparkDEX grows — particularly through high-volume generated through the perpetual exchange — this structure channels significant value to committed community members.