Fees
Last updated
Last updated
NFT Protocol collects a flat protocol fee of .001 ETH per swap taken charged to the swap taker. This fee scales linearly from .001 ETH to 0 ETH according to the quantity of $NFT in the swap taker's connected wallet as follows:
full flat fee below a 10,000 $NFT token balance,
90% of flat fee at a 10,000 $NFT token balance,
80% of flat fee at a 20,000 $NFT token balance,
70% of flat fee at a 30,000 $NFT token balance,
60% of flat fee at a 40,000 $NFT token balance,
50% of flat fee at a 50,000 $NFT token balance,
40% of flat fee at a 60,000 $NFT token balance,
30% of flat fee at a 70,000 $NFT token balance,
20% of flat fee at a 80,000 $NFT token balance,
10% of flat fee at a 90,000 $NFT token balance,
no fee at a 100,000 or higher $NFT token balance.
The fee associated with taking a swap will always appear in the transaction details and approval prompt upon clicking TAKE SWAP and give users an opportunity to decline taking the swap and paying the associated fee.
