Entry Fee

Entry Fee: One-Time Loan Initiation Fee

The Entry Fee is a one-time charge deducted upfront when taking a loan on Liqfinity. Fees vary by tier, ensuring lower costs for higher-tier users as a reward for their commitment.

Entry Fee Structure by Tier:

Tier	Entry Fee	Fee Amount (on $1,000 loan)	Amount Received
Basic	3.5%	$35	$965
-	-	-	-
Plus	2%	$20	$980
Premium	1.5%	$15	$985
Platinum	1%	$10	$990

How It Works:

• The higher your tier, the lower the entry fee, making borrowing more efficient for committed users.

• Pioneer NFT holders enjoy reduced fees compared to Basic users, encouraging early adoption.

• Premium and Platinum users benefit from the lowest costs, reinforcing the value of staking more tokens.

User receive $965 after the entry fee is deducted but are required to repay the full $1,000 plus any accrued fees.

(This example applies to Basic-tier users with a 3.5% entry fee. For other tiers, the received amount will vary based on the entry fee percentage and loan amount.)