# Spark Curation Supply-side fees Methodology

## 1. Overview

Supply-side fees measures the share of fees generated by the protocol that is distributed to supply-side participants. For Spark Curation, this metric is set to zero. Only curator fees are booked by Spark Curation, which represent performance fees on outside deposits. Because no portion of these fees is distributed to supply-side participants, the supply-side fees are recorded as zero.

## 2. Data sources

- **None**: This metric is set to a constant value and does not consume blockchain events

## 3. Step-by-step calculation

### Component A: Supply-side fee assignment

- **Purpose**: Assigns the supply-side fee value for Spark Curation
- **Logic**: A constant value of zero is assigned to the supply-side fees for all records associated with Spark Curation. This reflects that all fees generated by curation activities are classified as curator fees rather than supply-side distributions.
- **Key fields**: `fees_supply_side` (set to 0)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Portion of fees distributed to service providers or supply-side participants.

Supply-side fees

Risk curators

Lenders deposit funds into Spark and receive interest payments from borrowers (supply-side fees).

Spark is a non-custodial lending protocol built on Ethereum. Spark’s development team Phoenix Labs was founded in early 2023.

SPK tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue).

Spark Curation

Supply-side fees

Supply-side fees

Chain breakdown