Fees

Lending Fees

• No direct fee to supply assets.

• Interest earned on supplied assets is subject to a small protocol reserve cut (Reserve Factor).

Borrow Fees

• Borrowers pay variable interest rates based on asset utilization.

• No fixed borrowing fees outside of interest rates.

Liquidation Fees

• Liquidators receive a bonus portion of collateral when conducting a liquidation.

• Borrowers whose positions are liquidated may lose a percentage of their collateral due to the liquidation bonus.