Loan Fees
Loan Fee Distribution
All loan fees are prepaid upfront when the loan is initiated or extended. No ongoing interest — one transparent fee covers the entire term.
Dynamic 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. Very competitive for short-term borrowing.
Fee Distribution
Loan fees route through the same TAXES contract as trade fees, with the same distribution:
| Recipient | Share | Currency |
|---|---|---|
| Token Creator | 20% | USDC |
| Staking | 16% | USDC |
| Reward-Phase Buyers | 4% | USDC |
| Treasury | 60% | USDC |
Key Points
- All fees prepaid upfront — no surprises, no margin calls
- Repayment is exact loan amount in USDC — no added interest
- Leveraged tokens cannot be used as loan collateral
