Transfer Share of Ethena Net Profit to Grove

# Transfer Share of Ethena Net Profit to Grove - November 3, 2025 Spark's Operational Facilitator has placed a proposal into the voting system on behalf of nested contributor Phoenix Labs. ## Review The Spark community can hereby express support or opposition to the following changes, as described by the author of the proposal: > Spark previously held a portion of USDe and sUSDe exposure that was underwritten by and attributable to Grove. We plan to transfer Grove’s share of net revenue for...