Fees: worked example

Following interest from the borrower to staked shUSD.

Outline. Fee items are planned and the figures below are placeholders until the final fee schedule is set.

This example follows interest from a borrower to a staked shUSD holder.

Step	Rate	Notes
Borrower rate	12–14%	The rate brokers charge today
Less servicing	[TBD]	Planned
Less first-loss reserve contribution	[TBD]	Planned
Less management and performance fees	[TBD]	A 0.50–0.75% management fee on deployed capital, plus a performance fee only on returns above the hurdle
Net to staked shUSD	8% target	Monthly cash yield, for time actually staked

[TBD: worked example on a sample deposit once the fee schedule is final]

See Fees.