GAIB Protocol Fees

GAIB employs a simple, transparent fee structure designed to align incentives across borrowers, protocol participants, and $GAIB stakers. The framework consists of three core fees:

1. Tokenization Fee - 1.00% p.a. subject to a minimum of 0.25% (Upfront)

A one-time fee paid by borrowers at the time of deal origination based on loan tenor and calculated on the notional size of the financing.

• Retained by the GAIB Treasury.
• Reflects the role played by the GAIB team in originating and structuring financing opportunities.
• Tokenization Fee supports ongoing incentivization of origination activity and sustainable ecosystem growth.

To clarify how this operates, the Tokenization Fee is determined using the following formula: max(0.25%, 1.00% x Loan Term in Years). E.g.:

• 1 to 3 month loans are charged an upfront Tokenization Fee equal to 0.25% of notional
• 6 month loans are charged an upfront Tokenization Fee equal to 0.50% of notional
• 12 month loans are charged an upfront Tokenization Fee equal to 1.00% of notional
• 18 month loans are charged an upfront Tokenization Fee equal to 1.50% of notional
• And so on

2. Protocol Fee - 0.25% p.a. (Ongoing)

An annualized fee, charged as a portion of gross interest collected by the sAID Fund.

• Deducted on each payment date.
• Distributed to $GAIB stakers who secure and operate the orchestration network.
• Protocol Fee represents compensation for the smart contract and network infrastructure that underpins the protocol.

3. Performance Fee - 15% of GPU Financing Earnings (Ongoing)

A fee applied to the earnings generated from active GPU financing activities.

• Initially routed to the GAIB Treasury and Protocol Reserve
• Over time, GAIB may share these revenues with $GAIB stakers (real yield and / or buyback-and-distribute). This decision will be based on factors such as network performance, participation levels, and governance outcomes.
• Performance Fees exist to reward prudent underwriting, maintenance of protocol stability, and active financing efforts by GAIB and its stakeholders.

Note, all fees will be charged / received in non-AID currencies.