What are the fees?

Borrowers pay an Establishment Fee for each loan that is funded using Maple. The Establishment Fee is split between Maple Token holders and Pool Delegates.

Ongoing Fees are set by the Pool Delegate and deducted from the yield received by Liquidity Providers. This fee is paid to the Pool Delegate and the Maple Token holders who have staked in the Liquidity Pool. Pool Delegates are compensated for the work involved in managing the performance of the Liquidity Pool. Maple Token holders who stake the pool are compensated for providing credit enhancement which reduces the loss LPs face if there are defaults.