WOO Ignition Launch: Spark (SPK) Yield Farming

WOO Ignition is where top-tier, high-potential projects, carefully selected by WOO’s research team, make their debut! It’s your chance to get in early and earn airdrops from some of the hottest projects before the rest of the market catches on.

📘 Why Spark? A Note from the WOO Research Team

Strengths:

Native Yield from DeFi, CeFi & RWAs Spark Savings offers yield directly from diversified on-chain and off-chain strategies, with no third-party reliance.

Deep Liquidity Backed by Sky Built on Sky (formerly MakerDAO)'s stablecoin reserve infrastructure, currently supporting over $3.26B in TVL.

Flexible Stablecoin Access Users can deposit and withdraw USDC, DAI, or USDS at any time, offering flexibility for capital deployment.

Robust Lending Infrastructure SparkLend supports borrowing and lending with a wide array of liquid staking and BTC assets, with governance-driven interest rates for transparency and stability.

Proven Team & Backing Led by core contributors from Sky, with strong backing from a16z, Polychain, Dragonfly, and Paradigm.

WOO X research note is an educational and informational initiative only and does not guarantee any financial return. The information provided in this note is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available at the time of writing and may be subject to change. We make no representations or warranties, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the information, products, services, or related graphics contained in this article for any purpose. Users should conduct their research and exercise caution when making investment decisions.

SPK Yield Farming

• The subscription window will open at 10:00 UTC on June 18 and close at 08:59 UTC on June 23. All accrued yields during the farming period will be settled shortly after 10:59 UTC on June 23, when the farming period ends.
• Subscribe to SPK yield farming vault with WOO to farm yields from a massive 93,375 SPK prize pool. All yields will be distributed in SPK.
• The individual subscription amount is capped at 1,000,000 WOO per user.
• The displayed APR is only an estimation prepared for reference purposes. 
• A user's individual yield will be determined as a portion of the Total Reward Pool and depend on the user’s subscription amount compared to the total amount subscribed by all users, subject to a maximum yield cap in place. 
• Early redemption is not permitted for the Yield Farming Vaults mentioned above for this activity specifically. 
• Only users from supported jurisdictions could subscribe to the yield farming vaults, depending on legal and regulatory requirements. To check if your country/region is supported, please visit ▶ List of unsupported countries/regions.

Terms and conditions

All users and participants of the campaign accept that:

• He/She abides by the WOO X Campaign Terms and Conditions.
• He/She agrees to abide by all campaign rules, including trading volume requirements and participation guidelines. 
• All users/participants of the campaign must be registered and successfully KYC’ed to at least level 1 on WOO X before the end of the campaign duration
• Please note that WOO X operates on a reverse solicitation basis in the European Union (EU). Users who are residents in the EU may only participate in this campaign on a reverse solicitation basis. WOO X has not advertised this campaign within the EU and has not compensated any affiliate to do so. Any potential promotion of this campaign by any entity to EU Users is done at such entity’s own volition and not as an agent or affiliate of WOO X.
• 2B and KYB users are not eligible for this campaign. If you are a 2B or institutional user and wish to participate, please contact bd@woo.network for further assistance.
• WOO Ｘ reserves the right to modify, suspend, or terminate the Campaign at any time without prior notice, including adjustments to the campaign timeline and prize distribution.
• Users are strictly prohibited from manipulating the campaign outcomes. This includes, but is not limited to, registering multiple accounts or engaging in any other fraudulent or inappropriate activity to increase chances of winning. WOO X reserves the right to disqualify any participant found to be engaging in such activities and take further legal action if necessary.
• All references to monetary values and rewards in this campaign are denoted in USDT. The symbol ‘$’ shall be interpreted as USDT throughout the campaign documentation.
• All rewards will be distributed within 14 working days after the campaign has ended. If the rewards have not been credited after 14 working days, please contact our 24/7 online Customer Support or email support@woo.network for assistance. In the event of any delay in the rewards distribution, the user may not demand any interest for the duration of the delay.
• Each user is responsible for their own tax settlements resulting from receiving the reward.
• WOO X does not provide warranties of any kind regarding the expected outcomes of the Campaign. Participation is at the user’s own risk.
• Participants agree to indemnify and hold harmless WOO X and its affiliates from any claims, damages, losses, or liabilities arising from or related to their participation in the Campaign.
• WOO X reserves the right of final interpretation of all terms and conditions of this campaign. Any decision made by WOO X in relation to this campaign, including but not limited to rule amendments, prize distribution, and eligibility of participants, is final and binding on all participants.
• The content above may be translated into languages other than English. Should there be any inconsistency or conflict, the English version shall prevail.