Why this rating: Sky-ecosystem subDAO: SPK holders vote on Snapshot (sparkfi.eth, 88 proposals) to update the Spark Agent artifact in Sky Atlas, gated by an Operational Facilitator and Sky Atlas alignment; Spark Risk Council removed by SAEP-19 (Aug 2026). Sky retains mint power over SPK and executes outcomes — SPK voting is off-chain signaling with multisig-gated execution. SAEP-19 'Remove the Spark Risk Council' PASSED unanimously (2026-08-20, 439M SPK, 5 votes) — docs.spark.fi still lists the Risk Council (stale); Sky retains ability to mint additional SPK 'under extreme circumstances' — external dilution authority over SPK holders
SAEP-19 'Remove the Spark Risk Council' PASSED unanimously (2026-08-20, 439M SPK, 5 votes) — docs.spark.fi still lists the Risk Council (stale)
Sky retains ability to mint additional SPK 'under extreme circumstances' — external dilution authority over SPK holders
Proposal submission gated: 1% of SPK supply (100M) or nested contributors (Phoenix Labs); Operational Facilitator verifies Sky Atlas alignment before votes
No proposal history is available for Spark in the current scanner window.
Metrics
Curated metric — next quarterly update. On-chain revenue, treasury, and distribution-enforcement reads are not yet wired for this DAO's space in the Institute's state files; the quarterly re-assessment cycle will populate this block.