Spark announced on its X platform that a governance proposal to adopt a buyback mechanism (SubDAO proxy governance plan) is now open for voting. Since the token generation event (TGE) in June, the protocol has deposited over $10 million in net revenue into the SubDAO treasury. According to the proposal, any excess funds exceeding Spark's needs for venture capital and operating expenses (OpEx) will be used to purchase SPK tokens according to parameters defined by governance. As the excess capital accumulated in the treasury increases, the buyback program will scale accordingly. This proposal aims to align protocol operations, treasury management, and community incentives within a transparent and programmatic framework.