Entry Fee

The Entry Fee is a one-time fee charged upfront when users take out a loan on Liqfinity. This fee is deducted directly from the loan amount and varies by tier, offering lower fees to users in higher tiers as a reward for their loyalty and activity.

Entry Fee Structure by Tier:

• Basic: 3%

• Plus: 2.5%

• Premium: 1.5%

• Platinum: 1%

Example:

• If a Basic user takes a loan of $1,000, the entry fee is 3%.

  • Fee: $1,000 × 3% = $30

  • Amount received: $1,000 - $30 = $970

• If a Platinum user takes the same loan of $1,000, their entry fee is 1%.

  • Fee: $1,000 × 1% = $10

  • Amount received: $1,000 - $10 = $990

This tier-based structure ensures fairness while rewarding committed users with reduced costs.

Users receive $970 after the entry fee is deducted but are required to repay the full $1,000 plus any accrued fees.