Fees

As a guarantee that the protocol will be self-sustaining, it needs the ability to generate revenue in order to cover the basic costs of running the protocol. Therefore, DEFED will charge for some of the services it provides support for.

The charged services are:

• Borrowing services

• Transfer services

Details:

1. DEFED charges 40% of the total interest on the borrowed assets. If an account borrows multiple assets at the same time, such as ETH and USDC, then DEFED will receive 40% of the interest paid by the user on both ETH and USDC as revenue.

2. For different transfer operations, DEFED will charge different fees.

   1. When transferring from DEFED account to Ether address, DEFED will charge a fee of 0.05% of the amount, with a minimum of 0.01 eth and a maximum of 0.25eth per transaction, or other assets of the same value.

   2. When transferring from a DEFED account to another DEFED account, DEFED will charge a fee of approximately 0.17 USDC per transfer (adjusted according to network conditions).