Blockchain Fees

Bitcoin

Fee based off of a SegWit transaction of size 226 bytes.
Larger transactions will use larger fees.
Lightning Network Transactions are FREE!

Ethereum

Additional Fees may be applied to advance smart contract features. Contract creator pays all fees besides other user trading fees.
Raiden Network Transactions are FREE!

Digital Asset Creation 0.0195372 ETH per Advanced ERC-20 Token
Digital Asset Transfer 0.002515 ETH per Transfer
Digital Asset Mint/Burn Change 0.009515 ETH per Mint/Burn
Marketplace Exchange Fee 0.3% per Trade

GNEISS Ratings

+A-

100-90

+B-

89-80

+C-

79-70

+D-

69-60

F

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A Ratings can open 3 loans

B Ratings can open 2 loans

C or D Ratings can open 1 loan

*Loans must be filled at least 50% to
be activated and are listed for 21 days

The (+) means your ≤ 3 points from the top of that grade (ex. A+ would be between 100-97)

The (-) means your ≤ 3 points from the bottom of that grade (ex. B- would be between 83-80)

Recommended Interest Rate

A

Up to 4%

B

4%-7%

C

7%-10%

D

10%-15+%

F

Can’t start a loan.

User Credit Scoring System

There are 7 ways your credit score is graded. All negative points accrued are wiped from the
record after 7 years after the event, but do affect points gained by loans or secured contracts.
User credit scores are based on the following criteria:

1. Initial Sign Up/E-Vault Creation (+10 Points)

2. Basis ID Tier 2 Verification (+40 Points)

3. Tier 3 Verification (+5 Points per Authorized Identifiable Registration)

Birth Certificate → +5 pointsMarriage Certificate → +5 pointsBusiness Registration → +5 pointsHouse Registration → +5 points

4. Criminal Record (-15 per Felony, plus -1 point per year in jail and -1 point per 0.1 BTC or money equivalent fined)

5. Loans (Invest/create up to 0.1 BTC → +2.5 Point | up to 1 BTC → +5 Points | up to 10 BTC → +10 Points)

Missed payment → -0.1Missed payment → -0.25Missed payment → -0.5Delinquency → -10Delinquency → -25 Delinquency → -50

6. Secured Contracts (Invest/create up to 0.1 BTC → +2.5 Point | up to 1 BTC → +5 Points | up to 10 BTC → +10 Points)

Missed payment → -0.1Missed payment → -0.25Missed payment → -0.5Delinquency → -10Delinquency → -25 Delinquency → -50

7. Account Balance (Current Account has the following account balance in BTC)

***⅔ the current Market Price of ETH or GNEISS will be considered the equivalent value to BTC for scoring purposes***