refinancing

On March 14, X2Y2 announced that it had started to charge management fees for NFT loans and refinancing, which would take effect on March 14. Specifically, each NFT loan will charge the lender 10% interest as the platform fee, and each refinancing will charge the borrower 0.2% of the principal as the service fee. Interpretation of this information: X2Y2, a company that deals with NFT loans and refinancing, made an important announcement on March 14. The announcement indicated that the company was introducing a management fee for its services. The…