This article provides a comprehensive overview of how Brolly calculates interest for lenders, the timing of interest payments, and the implications of breaking a lending contract on your returns.

At Brolly, we prioritize simplicity and transparency. As a lender, you earn interest solely on the portion of your funds that is actively lent out. There are no hidden fees or guesswork involved in the process.

• You earn an annualized interest rate of 20% on your utilized funds.

• Interest is applied only to the amount that is currently matched and lent to borrowers.

• Funds that remain idle in your wallet (i.e., not lent out) do not earn interest.

• Interest is calculated daily but paid monthly into your Brolly wallet.

• Payments are automated, requiring no manual action on your part.

• You will receive a summary of your returns at the end of each month.

If you decide to break a lending contract early (for example, by withdrawing your funds before a borrower has repaid), please note the following:

• You will not earn interest for that lending period.

• Only completed lending cycles generate returns.

• You can still withdraw any unused (idle) funds at any time without incurring a penalty.

For instance, if you have lent out $5,000 for a complete 30-day cycle:

• The annualized interest rate of 20% translates to approximately 1.67% per month.

• In this scenario, you would earn around $83.33 in interest for that month.

Note: Actual earnings may vary based on how much of your wallet is actively utilized and for how long.

If you have further inquiries, please check your wallet breakdown or chat with us in-app for a personalized interest summary.