Token Payments

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

#	Platform Service	How the $8LENDS price is set	Notes
1	KYB / Due-Diligence fee (see Fees)	Fixed fiat price → converted to $8LENDS via P_average	• No Proof-of-Reputation cashback when paid in $8lends. • A discount % applies when paid in $8LENDS.
2	Penalty payments (see Penalties)	Fixed fiat price → converted to $8lends via P_average	• No discounts or cashbacks.
3	Subordination Priority upgrade (see Priority)	Algorithmic fiat price → converted to $8LENDS via P_average	—

Price-in-$8LENDS Formula (Advanced Users)

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”)

Average mint price: is determined by formula:

where:

• P(0): base price of the very first token.

• $L_minted or $L: total $8LENDS already minted.

• 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:

• 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) and Priority increase (see Priority) the discount is zero.

• Any other fixed-price service the platform may list in future.