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SKY has recently demonstrated resilience in the DeFi sector, holding steady even in a tight liquidity environment, with a drop of only 1011 points. From the perspective of profitability at the Protocol level, Sky's data is quite robust. The key lies in its business architecture design—after spinning off the lending business to establish Spark, it actually optimized the overall cash flow. Although the basic income did not shrink (funds allocated to Spark still earn interest), the financing costs have significantly decreased. Coupled with the TVL subsidies from Spark tokens, the entire system forms a clever closed loop. This is essentially a subDAO providing blood transfusions to Sky, but in a very covert way. Through splitting and collaboration, Sky has maintained its earning ability while amplifying its attractiveness through ecosystem subsidies. This model is a rare growth approach in the current DeFi competitive landscape.