Loan Amounts

Minimum Loan Amount:

$2,000 AUD

Personal Loans:

$2,000 - $250,000 AUD

Commercial Loans:

$2,000 - $500,000 AUD

How Your Loan Amount is Determined:

Your maximum loan amount is calculated based on:

  • The current AUD value of your collateral (BTC or ETH)
  • A maximum Loan-to-Value Ratio (LVR) of 50%

Example:

If you deposit:

  • BTC worth $10,000 AUD → Maximum loan: $5,000 AUD
  • ETH worth $50,000 AUD → Maximum loan: $25,000 AUD
  • Combined: BTC + ETH worth $100,000 AUD → Maximum loan: $50,000 AUD

Minimum Collateral Required:

To qualify for the minimum $2,000 loan, you must deposit crypto worth at least $4,000 AUD.

Loan Term

Fixed Term: 12 months

All Vield loans have a fixed 12-month term. This applies to both personal and commercial loans.

What this means:

  • Your loan runs for exactly 12 months from the date funds are disbursed
  • Interest payments are due quarterly (every 3 months)
  • Principal and final interest payment are due at the end of 12 months
  • You can repay early, but an early repayment fee applies

Interest Rate

Fixed Rate: 13% APR

All Vield loans have a fixed annual percentage rate (APR) of 13%. This rate:

  • Applies to both personal and commercial loans
  • Is fixed for the entire 12-month term (will not change)
  • Is compounded daily

How Interest is Calculated

Daily Compounding:

Interest is calculated daily on your Total Outstanding Balance, which includes:

  • Your loan principal
  • Any accrued interest
  • Any applicable fees

Formula:

Daily Interest = (Total Outstanding Balance × 13% APR) ÷ 365 days

Example:

For a $10,000 loan at 13% APR:

  • Quarterly interest (compounding daily): $330.12
  • Annual interest: $330.12 × 4 = $1,320.48

Interest Payment Schedule

Quarterly Payments:

You must pay accumulated interest every 3 months:

  • 1st payment: Due at 3 months
  • 2nd payment: Due at 6 months
  • 3rd payment: Due at 9 months
  • Final payment: Due at 12 months (final interest + principal)

Missed Payment Consequences:

If you miss a quarterly interest payment:

  • You will be charged a late payment fee
  • You'll have 30 days to pay down your outstanding interest
  • If outstanding interest is not paid, a default notice will be issued and you'll have 30 days to pay down your outstanding loan
  • Vield may liquidate a portion of your collateral to cover the outstanding loan

Loan-to-Value Ratio (LVR)

Initial LVR: Up to 50%

Your LVR is the ratio of your total debt (loan + accrued interest + fees) to the current value of your collateral.

Formula:

LVR = (Total Credit + Accrued Interest + Accrued Fees) ÷ Australian Dollar Value of Security Assets × 100

LVR Management:

If your crypto value drops or interest accrues, your LVR increases. You must manage your LVR to avoid default:

  • 65% LVR: Warning notification
  • 70% LVR: Warning notification
  • 75% LVR: Repayment required within 3 business days to bring LVR to 65% or lower
  • 85% LVR: Default notice issued, 30 days to repay full outstanding amount

Multiple Loans

Personal Loans:

You may request up to 3 personal loans, with a combined maximum LVR of 50% across all loans.

Commercial Loans:

No specified limit on the number of loans, subject to maintaining a combined maximum LVR of 50%.

Example:

You have $100,000 worth of crypto:

  • Loan 1: $20,000
  • Loan 2: $15,000
  • Loan 3: $15,000
  • Total borrowed: $50,000 (50% LVR)

Additional Loans

If your LVR falls below 25% due to an increase in your crypto value, you may request an additional loan (subject to approval) or withdraw a portion of the collateral such that the LVR does not exceed 50%.

Example:

  • Original collateral: $50,000, Loan: $25,000 (50% LVR)
  • Collateral increases to $120,000
  • New LVR: $25,000 ÷ $120,000 = 20.8%
  • You can request an additional loan of up to $35,000 (bringing total to $60,000, or 50% of $120,000)

Loan Adjustments

If LVR Exceeds 50% at Funding:

If your crypto value drops significantly between application and funding, Vield may:

  • Rescind the agreement and return your collateral, or
  • Reduce the loan amount to the nearest $1,000 that results in 50% LVR or lower

Need Help?

Email: support@vield.io

Phone: (02) 9157 9669