There are several fees categories that you need to be aware of;
- Network fees – this is fees charged by different networks or blockchains to transact. We are not in control of these and we pay the same to you as is.
- Swerri transaction fees – Swerri Charges 0.025% transaction fees for a minimum transaction of $30.00 (on swerri transactions less than $30 are not allowed.) A maximum of $15.00 is charged and in any case no more than will be charged.
- Swerri convenience fees – These fees will be applicable in swerri circles when creating a new project, Lending or borrowing. It is a one off fee or 0.5% when the transaction happens.
- Interest on loans – Swerri shall keep 20% of the interest charged by lenders. If the total amount of interest is $200.00 then swerri will charge 20% of that amount.
All these fees above will be used to develop roadmap of swerri including security and development of the platform.