Lif3
Lif3.comLif3 Info
  • Introduction
  • Swap
    • About
    • Modes
      • Simple Mode
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    • Available Tokens
  • Liquidity
    • V3
      • Add liquidity to Swap v3
      • Remove liquidity from Swap v3
      • How to collect fees from a liquidity pool on Swap v3
      • Inactive positions and Ratio
      • Change the price range of my LP
      • Fee Tiers
      • Want to provide liquidity on a Full Range?
      • LP Ownership represented by NFTs
      • Contracts Swap v3
    • v2
      • Providing Liquidity
      • APR
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        • Adding Liquidity
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  • Garden (Yield Farms)
    • About
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  • Terrace
    • About
    • Markets
    • Lending Pools
      • Borrowing
    • Interest Rate Model
    • Fees
    • Risks
      • Borrowing
      • Lending
    • Liquidation
    • Collateralization Model
    • User Guide
      • Lending
        • How to supply tokens for lending
        • How to withdraw supplied tokens
      • Borrowing
        • How to deposit LP tokens
        • How to leverage LP tokens
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        • How to withdraw LP tokens
        • How to borrow tokens using LP tokens as collateral
        • How to repay borrowed tokens
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  • Nursery (Ended)
    • About
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    • About
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      • Compounding vs Claiming
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    • Trading
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    • Ethereum
      • Tokens
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  • Tokenomics
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    • Connecting to Lif3.com
      • Metamask
        • Tomb Chain
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      • Edge Wallet
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      • Lif3 Wallet (Coming Soon)
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  • Terms and Conditions
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On this page
  • Borrowing
  • Lending (Single-Sided)
  • Liquidations
  1. Terrace

Fees

Borrowing

The Lif3 Protocol charges borrowers and lenders two different fees. Every time a borrower takes out a new loan, there is a fixed, one-time borrow cost of 0.1 percent. The interest rate model also predicts the accruing interest on loaned tokens over time.

The Lif3 Protocol reserves a portion of the costs (now 10%, ranging from 0% to 20%) paid by borrowers to lenders.

Lending (Single-Sided)

Lenders will only pay a 0.5% deposit fee when supplying tokens to an individual lending pool, but they won't have to pay withdrawal fees.

  • Deposit fee: 0.5%

  • Withdrawal fee: 0%

Liquidations

If their borrow positions are liquidated, borrowers pay liquidators a liquidation incentive (now 4% and ranging from 1% to 5%) on the borrowed amount.

These costs are given to the liquidator as symbols of collateral:

  • 4% liquidation incentive

PreviousInterest Rate ModelNextRisks

Last updated 2 years ago