TomoDEX Lending Fee
Role | Service Fee |
Lender | Free |
Borrower | 0.5% of the total loan amount payable in the lending token |
Lending token: The borrowed asset
For example: If a user wants to borrow 1,000 USDT, he will be charged a service fee of 0.5% * 1,000 = 5 USDT.
Role | Cancellation Fee |
Lender | 0.05% of the total loan amount payable in the lending token |
Borrower | 0.05% of the total loan amount payable in the collateralized asset |