Fee Collection & Distribution

Paddle Finance implements a platform fee structure to generate income, with iPADD holders set to benefit significantly. In the future, 50% of the income from these platform fees will be claimable by iPADD holders and distributed proportionally.

Current Platform Fee Structure:

• Margin Fee: A fee equal to 1% of the loan and OTC deal principal (currently it is set as 0% to encourage our early adopters).

• Lender Fee: A fee amounting to 10% of the interest earned on a loan.

• Liquidation Penalty: In the event of loan liquidation, after repaying the liquidity pool, a 10% penalty fee is deducted from the remaining amount.

Upcoming Developments:

As we continue to enhance our platform’s functionality, we will introduce additional fee items. These enhancements are designed to support a wider range of services and deliver greater value to our users.

Real-Time Distribution Schedule:

• Calculation of Fees: Fees eligible for distribution are calculated in real time, based on the proportion of iPADD tokens each user holds relative to the total iPADD tokens on the platform. This dynamic approach ensures that fee distributions are consistently fair and reflect current holdings accurately.

• Timing of Distributions: The calculation of fees is integrated within the smart contract system. As a result, whenever platform revenue is generated, it automatically flows into the distribution contract. iPADD holders can then claim their share directly from this contract without delay.

This structured approach ensures that the distribution of fees is transparent, timely, and equitable, fostering a mutually beneficial relationship between Paddle Finance and its community of token holders.