User Case

For Example

Creator Alice creates an order to sell token#5037. Offer Pricing: 100WETH, 3 periods, 60% down payment, 8% interest (APR).

Buyer Bob pays total interest : 0.53333WETH, total payment: 40.53333WETH, 13.51111/period

Calculate details:

The first period = loan + interest = 40/3+40*0.08/12=13.6

The second period = loan + interest = 40/3+(40-40/3)0.08/12=13.51111

The third period fee = loan + interest = 40/3+(40-40/32)*0.08/12=13.42222

Per Period = (13.6+13.51111+13.42222)/3 = 13.51111

Calculation Formula:

Interest Fee = 1/2 * loan amount (period + 1) * annualized interest rate/12

Monthly Payments = loan/period + total interest/period