Gate News reports that on April 5th, on-chain analyst Yu Jin monitored that Spark completed its first-month token buyback half an hour ago, spending 571,957 USDS to purchase 26.66 million SPK at an average price of $0.0215. The 26.66 million SPK bought back this time accounts for approximately 1% of the circulating SPK supply. It is reported that Spark's buyback plan is expected to last 12 months. Based on the current buyback rate, approximately 12% of the circulating SPK, about 320 million SPK (worth $6.86 million), could be repurchased within a year.