Business Model
Last updated
Last updated
| Fee Category | Total | Loan Provider | Platform Owners |
|---|---|---|---|
Split between Loan Provider and Platform Owners TBD
Phase 1 Target Metrics
Trading volume - $50M per day
Loan initiations - $50M per day
Loans - $500M x Y relending (average 12%)
Trading Fee
Fees available to platform owners (monthly)
Loan initiations = $50M *0.25% *30 days= $3.75M
Loans = $500M * 1.5% / 12 = $0.83M
Liquidations (10% of positions) = $50M * 10% * 1% = $1.50M
Loan interest
Variable 10-25% prior to relending
2.00%
Loan initiation fee
0.50%
0.25%
Liquidation penalty
3.0%
1.00%
(Optional) Trading fee