Loan Fees
Loan Fee Distribution
Loan fees are prepaid upfront when the loan is opened or extended. No ongoing interest: one transparent fee covers the entire term.
Fee by Duration
Formula: 2.0% origination + 0.005% × days.
| Loan Duration | Total Fee |
|---|---|
| 10 days | 2.05% |
| 30 days | 2.15% |
| 100 days | 2.5% |
| 365 days | 3.825% |
| 1,000 days | 7.0% |
These are total fees, not annualized rates.
Other Loan and Leverage Fees (from the Robinhood Chain launch)
| Action | Fee |
|---|---|
| Borrow (loan or leverage) | 2% + 0.005% a day |
| Extend | 0.005% a day (no new origination fee) |
| Sell collateral from a loan | 0.60% of the sale |
| Close leverage | 3% of the profit above what you put in |
| Repay | Free |
Where Each $1 of Loan-Side Fees Goes
| Destination | Share |
|---|---|
| BASIS buyback | 60c |
| Token creator | 20c |
| Vault | 10c |
| Operating team | 10c |
This covers every loan and leverage fee above. There are no referral payments on loan-side fees.
Key Points
- All loan fees are prepaid upfront: no surprises, no margin calls
- Repayment is the exact loan amount, with no added interest
- Leveraged tokens cannot be used as loan collateral