Backer APY Model

	B	C	E	F	G	H	I
1
2						791,795	$4,354,870.59
3	Senior Pool Economics		Month	Interest	Cume Interest	GFI Reward	GFI Value
4	Base Interest APY (after fees and dilution)	6%	1	$333,333	$333,333	131,966	$725,811.77
5	Pool Target	$100,000,000	2	$333,333	$666,667	54,662	$300,641.08
6	Staked Value	$65,000,000	3	$333,333	$1,000,000	41,944	$230,690.01
7	% GFI per month	0.45%	4	$333,333	$1,333,333	35,360	$194,480.68
8	Staking APY	52.22%	5	$333,333	$1,666,667	31,153	$171,340.92
9	% GFI per month w/ Backer Staking	0.42%	6	$333,333	$2,000,000	28,164	$154,904.03
10	Staking APY w/ Backers	41.90%	7	$333,333	$2,333,333	25,900	$142,448.96
11	Total APY (currently)	58.22%	8	$333,333	$2,666,667	24,107	$132,588.25
12	Total APY w/ Backer Staking	47.90%	9	$333,333	$3,000,000	22,642	$124,529.61
13			10	$333,333	$3,333,333	21,415	$117,783.03
14	Backer Economics		11	$333,333	$3,666,667	20,369	$112,026.96
15	Backer principal	$10,000,000	12	$333,333	$4,000,000	19,462	$107,040.41
16	Base Interest APY	15.00%	13	$333,333	$4,333,333	18,667	$102,665.83
17	Backer liquidity mining APY	14.52%	14	$333,333	$4,666,667	17,961	$98,787.42
18	Backer Staking APY	41.90%	15	$333,333	$5,000,000	17,331	$95,317.93
19	Total APY (currently)	29.52%	16	$333,333	$5,333,333	16,762	$92,190.18
20	Total APY, w/ Backer Staking	71.42%	17	$333,333	$5,666,667	16,246	$89,351.51
21			18	$333,333	$6,000,000	15,775	$86,759.95
22			19	$333,333	$6,333,333	15,342	$84,381.61
23			20	$333,333	$6,666,667	14,943	$82,188.76
24	Backer Liquidity Mining Inputs		21	$333,333	$7,000,000	14,574	$80,158.46
25	GFI Supply	114,285,714	22	$333,333	$7,333,333	14,231	$78,271.59
26	GFI Allocation	2%	23	$333,333	$7,666,667	13,911	$76,512.00
27	GFI Price	$5.50	24	$333,333	$8,000,000	13,612	$74,866.00
28	Liq. Mining Interest Cap	$100,000,000	25	$333,333	$8,333,333	13,331	$73,321.88
29			26	$333,333	$8,666,667	13,067	$71,869.53
30	Loan Inputs		27	$333,333	$9,000,000	12,818	$70,500.21
31	New Loans	$40,000,000	28	$333,333	$9,333,333	12,583	$69,206.30
32	Interest Rate	10%	29	$333,333	$9,666,667	12,360	$67,981.12
33	Term in Months	36	30	$333,333	$10,000,000	12,149	$66,818.79
34	Backer Leverage Ratio	3.00	31	$333,333	$10,333,333	11,948	$65,714.12
35			32	$333,333	$10,666,667	11,757	$64,662.49
36			33	$333,333	$11,000,000	11,575	$63,659.79
37			34	$333,333	$11,333,333	11,400	$62,702.33
38			35	$333,333	$11,666,667	11,234	$61,786.82
39			36	$333,333	$12,000,000	11,075	$60,910.28
40			37	0	$12,000,000	0	$0.00
41			38	0	$12,000,000	0	$0.00
42			39	0	$12,000,000	0	$0.00
43			40	0	$12,000,000	0	$0.00
44
45
46
47
48
49
50
51
52