Margin and Fee

Margin Requirements

Initial Margin

To ensure commitment and cover potential fees, both parties must provide initial margin:

• Margin Amount: 2% of the loan amount converted to USDC value

• Purpose: Guarantees trade execution commitment and covers platform fees

• Timing: Required when placing orders in the marketplace

Margin Calculation

Initial Margin = Loan Amount × 2% (converted to USDC)

Transaction Fee Calculation

When orders are successfully matched in Indication Market, both parties are required to pay platform fees calculated using the following formula:

Transaction Fee = matchedAmount × matchedInterestRate × feeRate × days / 365

Fee Parameters

• matchedAmount: The final matched loan amount in the transaction

• matchedInterestRate: The agreed annual interest rate (expressed as decimal, e.g., 0.05 for 5%)

• feeRate: Platform fee rate that differs by role

• days: Number of days from transaction date to maturity date

Fee Rates by Role

Role	Fee Rate	Description
Lender	0.5%	Applied to lending transactions
Borrower	3%	Applied to borrowing transactions