Fees
Glow Finance offers a transparent fee structure, ensuring competitive rates across its ecosystem.
Main App Fees
1. Lending Pool Fee (Borrowing Interest Split)
When a borrower pays interest on their loan, that interest is normally paid to the depositors (i.e. users who lent their assets to the pool).
Glow takes a 20% cut from that interest as a protocol fee. So the interest paid by the borrower is split like this:
- 80% goes to the depositors as yield.
- 20% goes to Glow as a protocol fee.
Example:
If a borrower pays 100 USDC in interest over time:
- 80 USDC goes to depositors.
- 20 USDC is taken by Glow as a fee.
2. Liquidation Fee
If an account is liquidated (i.e. collateral is sold off to repay debt), Glow charges a 5% fee on the value of the assets being liquidated.
Summary:
| Action | Who Pays? | Fee Amount | Where It Goes |
|---|---|---|---|
| Borrowing | Borrower | 20% of interest | To Glow (taken from depositor yield) |
| Liquidation | Borrower | 5% of amount liquidated | To Glow |
LRT Fees
Enjoy the benefits of liquid restaking with no hidden charges or deductions. With Glow Finance, what you earn is entirely yours to keep.
- No Fees for Stakers: Glow Finance does not take any fee cut from stakers.
- glowSOL Restaking: 0% Restaking your SOL through glowSOL is completely free.