Decentralized finance platform Spark has announced the initiation of a governance vote to introduce a "programmatic buyback" mechanism. Since its Token Generation Event (TGE) in June, the protocol has deposited over $10 million in net income into the SubDAO treasury. According to the proposal, 10% of the SubDAO Proxy assets exceeding a "target value" will be used monthly for secondary market buybacks of SPK tokens. The repurchased SPK will be returned to the SubDAO Proxy as reserves, with the buyback scale increasing as excess capital accumulates.