Early Adopter Bonus (EAB)

The Early Adopter Bonus rewards users in $8LENDS for funding a lending pool before its stage closing date. By compensating the time-value gap created by discounting (see Deposit Formula), EAB incentivises early participation and smooths out the economic impact of stage timing.

Lifecycle & Usage

• Accrual: EAB is calculated and reserved immediately upon deposit.

• Pre-Stage Close: You can only spend EAB on subordination-priority upgrades (see Priority), just like Proof of Loan (see Proof of Loan) rewards.

• Post-Stage Success: EAB unlocks fully—usable for any platform service, on-chain claiming, or external sale.

• Failed Stage: Any unspent EAB is irreversibly burned.

• Gas Efficiency: All EAB calculations and token allocations happen off-chain within our backend, mirroring on-chain logic to keep total $8LENDS supply consistent without incurring extra gas costs.

Bonus Formulas (Advanced Users)

where:

• S_tranche:​ the actual deposit amount required at tranche close.

• S_now: the discounted fair value of that deposit at the time you fund.

• D: the timing gap your bonus compensates.

• EAC: Early Adopter Coefficient, set by 8lends, as a percentage of D.

• P_mint: current mint price of one $8LENDS token (from the P_mint bonding curve).

• C: share of the bonus awarded to the user; (1−C) goes to an affiliate or back to the platform.