🏦Fees

TOKENS: Levvy for Tokens has implemented a fee structure that ensures a balanced allocation of fees between lenders and borrowers. Unlike many other lending protocols, the fee is split evenly between lenders and borrowers.

The fee is set at 12.5% of the interest rate for each side, meaning that in total a 25% fee of the interest rate is collected. For borrowers, this fee is enforced upon accepting the loan and for lenders when they claim their ADA (plus interest) back or when they foreclose.

Note that Lenders and Borrowers will also be subject to MinUTXO fees (approx. 1-2 ADA) NTS: Levvy has implemented a dynamic fee structure that ensures a balanced allocation of fees between lenders and borrowers. Moreover, we've reduced fees from 1.5% of the total to 1% of the total loan for everyone.

-> 📊 Fees Distribution

Upon collection of fees on our protocol, these will be distributed as follows:

• Dev Costs 25%

• $Angels Holders. 75% is distributed in an 80/20 split. 80% gets paid out to holders on the the 15th of every month. 20% is then compounded back into the treasury to be re invested for additional holder returns.