💲Hashroom Fees

What fees does the platform take?

Our aim at Hashroom is to provide as much value to all our users as possible and continue to innovate in the Hedera ecosystem. We believe in the future of Hedera, and to continue building, we have implemented platform fees to generate revenue for Hashroom's future.

Upfront Fee

The first fee will be a 2% tax on the amount of HBAR loaned to the borrower, which will be collected when the NFT is collateralized. (Ex: 1000 HBAR Borrowed, Hashroom will receive 20 HBAR)

Interest Fee

The second fee will occur once the Loan is paid in full plus interest. This fee will depend on the Lender's Holdings. We will provide discounts on the fees to certain partners, who will determine what percentage of the interest we will receive. This fee will vary from 0%-2%. (Ex: 1040 HBAR Loan+Interest, Hashroom would receive from 0 to 20 HBAR)

*Fees are subject to change depending on market conditions & Community input*