Loan Fees
Lending fees paid by the borrower support the token creator and Share NFT holders
Loan Fee Distribution
Fee Distribution: A portion of all loan origination and interest fees is distributed to the creator of the collateralized token, bond phase buyers of that token, Basis NFT holders, and to support the collateral token's price.
Origination Fee: A one-time fee of 2.5% of the loan value is charged when a loan is initiated or extended.
Daily Interest Fee: A daily interest rate (e.g., 0.005%, subject to platform governance) is charged. This is typically paid upfront for the selected loan term.
Distribution of Loan Fees (Origination & Interest):
Collateral Basis Token Price Support: 20% of the collected loan fees are used to support the price of the specific Basis Token used as collateral.
Token Creator: 24% of the collected loan fees are paid to the creator of the specific Basis Token used as collateral.
Bond Phase Buyers: 4% of the collected loan fees are distributed to the reward pool for early buyers of the specific Basis Token used as collateral.
NFT Holders (Platform Revenue Share): 52% of the collected loan fees are distributed to Basis Revenue Share NFT holders.
Fee Recipient
Fee Share (%)
Min Fee (10 days)
Max Fee (400 days)
Currency
Token Creator
24%
0.61%
1.08%
USDC
Basis Token Price Support
20%
0.51%
0.90%
USDC
Bond Phase Buyers
4%
0.10%
0.18%
USDC
NFT Holders
52%
1.33%
2.34%
USDC
Totals
100.00%
2.55%
4.50%
Last updated