If the platform fee is covered by the syndicate lead (SL) and the SL is charging a fee, how much will the final investment amount be?
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Written by Odin Team
Updated over a week ago

Before the deal goes live we will confirm that the SL % fee is high enough to cover Odin’s fee also. The reason we group the fee into one figure is so that investors only have to pay one fee.

Worked example:

Allocation: 15,000

SL fee: 3% = 450

Odin's fees: 1k (fixed) + 1.9% = 1,285

Here you can see that the SL fee is not large enough to cover Odin's fees. In this scenario we will go back to the SL and ask them to charge a minimum fee of 11.57%

[(1,285+450)/15,000=11.57%]

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