Fees
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.
This user holds more than 100,000 $NFT tokens in the connected wallet and is able to take this swap without paying a fee.
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