Fees

The Credit Coop Protocol automatically calculates and deducts certain fees. Fee levels may vary per Credit Line or Vault and are displayed on the Interface. No fee requires manual payment — all deductions occur programmatically via smart contract. The list below is exhaustive. Not all of these fee types are used.

CMBT Labs does not receive protocol-level fees in its capacity as Interface provider or Servicer.

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Fee types

Origination Fee. Calculated when Digital Assets are deposited to a Credit Line. Deducted automatically from the deposited amount at the time of deposit. Although deducted from the deposit, the Origination Fee is effectively borne by the Borrower, who remains liable for repayment of the full deposited amount plus interest.

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Servicing Fee. Calculated when Digital Assets are repaid to a Credit Line. Deducted from the repayment amount at the time of repayment.

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Swap Fee. Calculated when Digital Assets held in Reserves are converted into the repayment asset required by a Credit Line. Deducted from the proceeds of the swap before those proceeds are applied to the Credit Line.

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Early Withdrawal Fee. Charged when a Vault Depositor or Lender withdraws Digital Assets before the agreed Due Date of the relevant Credit Line. Sent to the Borrower's Wallet. The applicable fee rate is set per Credit Line and displayed on the Interface.

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Vault Management Fee. An annual fee charged on Digital Assets held in a Vault. Calculated and deducted automatically on an ongoing basis.

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Vault Performance Fee. Charged on returns generated by a Vault above an applicable hurdle or benchmark. Calculated and deducted automatically.

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Blockchain Fees Transactions on the blockchain require payment of network fees (e.g. gas charges). These fees are:

• Non-refundable

• Outside CMBT Labs' control — CMBT Labs has no ability to influence their amount

• Variable depending on network conditions at the time of the transaction

You must ensure your Wallet holds sufficient balance to cover both the transaction amount and any applicable blockchain fees before initiating any transaction.

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All fee parameters are determined by Credit Coop Protocol governance and smart contract logic. Current fee rates for any Vault or Credit Line are displayed on the Interface at app.creditcoop.xyz.