0/ NOW LIVE: Spark, Rocket Pool, and Bifrost are now part of the Token Transparency Framework. Together, we’re making transparency concrete: standardized disclosures, evidence you can check, and updates that keep holders informed. Highlights below:

1/ The Token Transparency Framework assesses 18 criteria across four key areas: - Project and Team - Financial Disclosure - Token Supply - Market Structure (including market maker info) Below we explain the material disclosures from $SPK, $RPL, $BNC

2/ @sparkdotfi scored a 38/40. They published revenue sources, the equity-token/treasury control model, and the roles of the Foundation versus Phoenix Labs. They created a Q3 financial report as part of their participation in the TTF.

3/ @Rocket_Pool scored a 37/40. Highlights include: a treasury tracker, all tokens being distributed, plus disclosures explaining the rights of the DevCo and foundation. Here are the treasury disclosures they included as part of their participation in the TTF.

4/ @Bifrost scored a 38/40. Bifrost disclosed its revenue sources and fee structure, clarified the equity–token cash-flow policy (no dividends or buybacks to equity), explained MM/CEX agreements, and detailed prior fundraises.