> For the complete documentation index, see [llms.txt](https://maxbid-pro.gitbook.io/maxbid-pro/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://maxbid-pro.gitbook.io/maxbid-pro/interest.md).

# Interest

### Fees on Liquidity Provision <a href="#fees-on-liquidity-provision" id="fees-on-liquidity-provision"></a>

| Parameter              | Value                               |
| ---------------------- | ----------------------------------- |
| Interest Fee           | 30% of interest received by lenders |
| Liquidation Fee        | 0%                                  |
| Liquidity Provider Fee | 0.5%                                |

### Interest Payment <a href="#interest-payment" id="interest-payment"></a>

For open long positions, interest is collected automatically every 7 days if the outstanding interest amount is >= 0.1 SOL. The interest payment is made by selling the amount of tokens held as collateral equivalent to the accrued interest amount and transfering that to the lender's address.