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Fee Structure

Clear, User-Centric Fee Frameworks

Updated over a month ago

Understanding fee structures is crucial for anyone diving into the DeFi landscape. At Nolus, we aim to maintain a transparent, user-friendly approach, ensuring that our community remains informed and confident in every transaction. This article serves as a comprehensive overview, affirming Nolus's commitment to simplicity and clarity

Interest on DeFi Lease

Upon initiating a DeFi Lease with Nolus, users are provided a fixed interest rate set at the start of the contract. This interest is divided into two components: Loan Interest, which rewards asset lenders, and Margin (Protocol) Interest, allocated for regular NLS token buybacks. This structure fosters a balanced ecosystem that benefits both users and the Nolus protocol.

Swap Spread

Similar to other DeFi platforms, Nolus users may notice minor price variations during swaps. These variations stem from factors like liquidity levels in integrated DEX pools and the volume of assets being swapped, creating a spread between expected and actual prices.

Transaction Fees on the Nolus Blockchain

Nolus charges transaction fees, though they remain notably lower than on networks like Ethereum. Additionally, Nolus redistributes a portion of these fees back into the ecosystem, benefiting NLS token holders through staking rewards. This fee structure enhances both cost efficiency and the value proposition for Nolus users.

Transaction Tax

Nolus applies a transaction tax where 40% of each fee is allocated to the Lender’s Incentive Pool. This initiative directly rewards lenders, promoting increased liquidity and reinforcing the platform's lending ecosystem.

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