<p>Below is a breakdown of the fees depending on if you are the lender or a borrower.&nbsp;</p>
<p><img src="https://cdn.discordapp.com/attachments/928167148214423593/1248345662022746194/Loan_diagram.png?ex=667d093e&amp;is=667bb7be&amp;hm=b06be86ac250f1a8f0487a150a2847bb20bfdd52aba84e097ed0e6231dc93167&amp;="></p>
<h2>JPG Lending fees</h2>
<p>The main fees for lending are 1% to the lender and 1% to the borrower.</p>
<h2>Cardano TX fees</h2>
<p>Outside of this are the standard Cardano TX fees, which usually run around 0.3 - 0.4 ada per Transaction.</p>
<h2>minUTXO fees</h2>
<p>There are some minUTXO fees charged depending on if you are lending or borrowing, these are either ~1.8 ADA or ~3.5 ADA and are labelled in the breakdown when building a transaction. This ADA will be refunded upon loan repayment, default, or cancellation (minus JPG lending fees)</p>
<p><span style="text-decoration: underline;"><strong>Why do we need to make a deposit on these requests?</strong></span><br>The refundable deposit is required by the lending protocol to function. It covers the minimum UTxO requirements needed by the Cardano network for the contract to be able to hold all the necessary assets and data</p>

Below is a breakdown of the fees depending on if you are the lender or a borrower. 




JPG LENDING FEES

The main fees for lending are 1% to the lender and 1% to the borrower.


CARDANO TX FEES

Outside of this are the standard Cardano TX fees, which usually run around 0.3 - 0.4 ada per Transaction.


MINUTXO FEES

There are some minUTXO fees charged depending on if you are lending or borrowing, these are either ~1.8 ADA or ~3.5 ADA and are labelled in the breakdown when building a transaction. This ADA will be refunded upon loan repayment, default, or cancellation (minus JPG lending fees)

Why do we need to make a deposit on these requests?
The refundable deposit is required by the lending protocol to function. It covers the minimum UTxO requirements needed by the Cardano network for the contract to be able to hold all the necessary assets and data

Explanation of lending fees

Managing your Offer Pool

Create a Loan

Request to Borrow

Accept a lend request

How to cancel a loan offer

How do I repay a loan and get my NFT back?

Claiming NFTs on defaulted loans

What happens when a loan is paid back?

Is it possible to extend or refinance a loan?

Can my NFT receive airdrops during the loan duration?

Do I earn XP when lending?

What are the consequences of defaulting on a loan?

Visual breakdown of Lending and borrowing

Liquid lending offer explanation

How can I see when I add or remove ADA from my lending pool?

Is ADA in my offer pool still staked? 

Is Lending available for all Collections?

Lending and Borrowing