# Token Payments

The 8Lends platform lets Projects and Users settle several fees directly in the native token **$**&#x38;LENDS.\
Pricing always starts from a figure denominated in USDC / EUR and is then converted into $8LENDS with the formula in § 8.2.2.

<table data-header-hidden><thead><tr><th width="45.625"></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>#</td><td><strong>Platform Service</strong></td><td><strong>How the $8LENDS price is set</strong></td><td><strong>Notes</strong></td></tr><tr><td>1</td><td><strong>KYB / Due-Diligence fee (see</strong> <a href="broken-reference"><strong>Fees</strong></a><strong>)</strong></td><td>Fixed fiat price → converted to $8LENDS via P_average</td><td><p>• No Proof-of-Reputation cashback when paid in $8lends.</p><p>• A discount % applies when paid in $8LENDS.</p></td></tr><tr><td>2</td><td><strong>Penalty payments (see</strong> <a href="broken-reference"><strong>Penalties</strong></a><strong>)</strong></td><td>Fixed fiat price → converted to $8lends via P_average </td><td>• No discounts or cashbacks.</td></tr><tr><td>3</td><td><strong>Subordination Priority upgrade (see</strong> <a href="broken-reference"><strong>Priority</strong></a><strong>)</strong></td><td>Algorithmic fiat price → converted to $8LENDS via P_average  </td><td>—</td></tr></tbody></table>

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<summary>Price-in-$8LENDS Formula (Advanced Users)</summary>

When a platform fee is quoted in USDС but a Project or User chooses to pay in **$8LENDS**, the amount of tokens is determined by the all-time average mint price produced by the bonding-curve contract **P\_mint**. The contract therefore acts as an on-chain oracle for all $8lends payments.\\

**Marginal (next-token) price:** is determined by P\_mint (see “P\_mint”)

<figure><picture><source srcset="https://1754918713-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FexRng6kSElqCZX6yLysp%2Fuploads%2FnJk3hsJAwm8q46byYko3%2Fmint_price_dark_improved.png?alt=media&#x26;token=84587aa2-ea73-4526-905e-39088e3eb391" media="(prefers-color-scheme: dark)"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfwTyYe_zxir03ju3XTc64vtpFp14dB8AJTKHOzx-H8RKG2UTF6Vsxe2TYbYw9C12Flo_9Ovt-acVlbIRq9678KlMc-CYpQFK_1Go0eJOEul_ABDg9DsitCqBihmZcTEIWwg-947Q?key=uyWe8rY2jy2nS4gSFfqFJ_Vw" alt=""></picture><figcaption></figcaption></figure>

**Average mint price:** is determined by formula: &#x20;

<figure><picture><source srcset="https://1754918713-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FexRng6kSElqCZX6yLysp%2Fuploads%2F9CUd4IYmXos8aDOQFCn8%2Fp_avg_dark.png?alt=media&#x26;token=1d95f0f7-2923-45e2-827b-b88fd7cf39e7" media="(prefers-color-scheme: dark)"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdqj1OuxnfqZcK80jEk8_LGiJ6J-HI7k_RKTSjgVNvKcIj3HpBsDmnLXtVIOUM568Aw7wI5FzXTKP1sKbUJKedNVCBSOwYoe9zff29Y077_6O7wPgJDYFfHXEXRKvTsLBdaShcIGw?key=uyWe8rY2jy2nS4gSFfqFJ_Vw" alt=""></picture><figcaption></figcaption></figure>

where:&#x20;

* **P(0)**: base price of the very first token.
* **$L\_minted or $L**: total $8LENDS already minted.&#x20;
* **α:**  curvature coefficient (α > 0).

## Converting a fiat fee to $8lends

For any service with a fixed fiat cost P\_USDC the token amount owed is:

<figure><picture><source srcset="https://1754918713-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FexRng6kSElqCZX6yLysp%2Fuploads%2F8vU8pjoPIBGaT1XmTErB%2Fp_sl_discount_dark.png?alt=media&#x26;token=1529fb43-97ac-49f2-980c-e4aac75b0bd0" media="(prefers-color-scheme: dark)"><img src="https://1754918713-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FexRng6kSElqCZX6yLysp%2Fuploads%2FBzFrQrNXkphPZAoxMYEv%2Fphoto_2025-05-26_12-39-31.jpg?alt=media&#x26;token=68e288f1-9701-4599-a2ea-0578127e8e7b" alt=""></picture><figcaption></figcaption></figure>

* **Discount %** applies only to KYB/DD payments made in $8LENDS; it compensates for the fact that no Proof-of-Reputation cashback is earned in that case.
* For Penalties (see [**Penalties**](https://8lends.gitbook.io/8lends.io/usd8lends-token-utility-models/broken-reference)) and Priority increase (see [**Priority**](https://8lends.gitbook.io/8lends.io/usd8lends-token-utility-models/broken-reference)) the discount is zero.
* Any other fixed-price service the platform may list in future.

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