Maker (MKR) is struggling to recover from the crypto crash of two weeks ago. However, a new proposal being considered could help the token out of the doldrums. Meanwhile, VC Spectra (SPCT) holders are in an anticipatory mood. What are they waiting for? Read on to find out.
Maker (MKR) Recovery: Proposal For An Airdrop For Spark Protocol Users
On August 10, Rune Christensen, the founder of Ethereum stablecoin issuance platform Maker (MKR), proposed a “pre-farming airdrop” of SPK, the governance token of lending DApp, Spark Protocol.
The airdrop idea aims to increase borrowing activity on Spark while also allowing early adopters to secure early SPK tokens. The proposal describes the SPK token emission plan, with a total quantity of 2 billion tokens to be dispersed over 10 years.
The day the news got out, Maker’s (MKR) price increased by 3.6% from $1,212.07 to $1,255.26. Maker (MKR) remained around the same level until the crypto crash on August 17, when the token fell by 4.1% from $1,129.79 to $1,083.28.
Maker (MKR) has been able to recover a bit of the ground it lost, but the recovery has been labored. As of August 31, one Maker (MKR) is valued at $1,178.20.
Christensen’s airdrop proposal might be the way out for Maker (MKR). Part of the proposal makes access to the airdrop dependent on whether users have borrowed from Spark. If users take the bait, it will increase activity on the Spark Protocol.
This makes Maker (MKR) one of the altcoins to watch as increased adoption of the Spark Protocol drives increased activity on the network. Increased activity could then help Maker (MKR) recover the value lost during the crypto crash.
Presale: VC Spectra’s (SPCT) Prospects Looking Good
VC Spectra (SPCT) is a decentralized asset management protocol and trading platform that provides investors with a secure, transparent, and profitable investment experience. VC Spectra (SPCT) gives everyone the opportunity to invest in promising new DeFi projects with relative ease.
Wide profit margins, sustainable investment practices, and reduced risk are some of the promises that VC Spectra (SPCT) has made to users.
Furthermore, VC Spectra (SPCT) token holders get access to exclusive pre-ICOs, benefit from quarterly dividends & buybacks, and gain voting rights.
After raising $2.4 million during the private seed sale round, VC Spectra (SPCT) has also performed excellently during its public presale. This has impressed analysts, and they have declared VC Spectra (SPCT) as the best new crypto to invest in.
Currently at Stage 3 of the presale, VC Spectra (SPCT) tokens are selling for $0.025. Someone who participates at this stage will benefit from a 32% increase at Stage 4 when the SPCT price increases to $0.033 and a 220% surge at the end of the presale when SPCT reaches its $0.08 target!
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
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