# Spark Savings Supply-side fees Methodology

## 1. Overview

Supply-side fees for Spark Savings is defined as the share of fees that goes to the service providers. For Spark Savings, this metric is set to zero. Spark Savings is utilized as a pass-through interface for Sky savings contracts, where yield and distribution rewards are paid directly to depositors by the underlying Sky protocol. Because no supply-side fees are collected or distributed by the Spark Savings product itself, the metric is maintained at a constant value of zero.

## 2. Data sources

- **None**: This metric is set to a constant value and no blockchain events are consumed

## 3. Step-by-step calculation

### Component A: Supply-side fee assignment

- **Purpose**: The supply-side fees value for Spark Savings is established.
- **Logic**: A constant value of zero is assigned to the supply-side fees metric for Spark Savings. This assignment is performed because Spark Savings is utilized as a pass-through interface to Sky, meaning all depositor yield is distributed directly by the underlying Sky protocol rather than being generated or captured as supply-side fees by Spark Savings.

*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

Asset management

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 Savings

Supply-side fees

Supply-side fees

Chain breakdown