PANews reported on April 5th that, according to on-chain analyst Yu Jin, Spark completed its first month-long token buyback half an hour ago, spending 571,957 USDS to purchase 26.66 million SPK tokens at an average price of $0.0215. The 26.66 million SPK repurchased in one month represents approximately 1% of the circulating supply of SPK, and their buyback plan is expected to last 12 months. Roughly estimating based on this figure, a year-long buyback could repurchase 12% of the circulating supply of SPK, approximately 320 million SPK ($6.86 million).