Overview
Every withdrawal fee charged by the Loan Protocol is recorded on-chain and can be verified using the XPR Network Explorer.
You can identify fee transactions by locating the transfer from lending.loan to fee.loan within the transaction traces.
Step 1: Locate Your Withdrawal Transaction
Open the XPR Network Explorer and locate the transaction associated with your withdrawal.
Example:
Step 2: Find the Withdrawal Transfer
Use the explorer filters to locate the withdrawal transaction:
- Filter for Receive Token transactions (green entries).
- Search for transactions containing the memo "redeem".
- Locate the transaction where the Data column shows:
lending.loan → youraccount
This indicates the redemption of funds back to your account.
Step 3: Review the Fee Transfer
After opening the transaction:
- Navigate to the Traces tab.
- Scroll to the bottom of the trace list.
- Locate the final transfer showing:
lending.loan → fee.loan
This transfer represents the withdrawal fee collected by the protocol.
Understanding the Fee Record
The final trace entry shows:
- The account paying the fee
- The fee amount
- The transfer to fee.loan
This provides a transparent on-chain record of all withdrawal fees collected by the protocol.
Need Additional Help?
If you believe a fee was charged incorrectly, please provide the transaction ID to the Metal Client Services team for review.