System Fees
Last updated
Last updated
Since Soya Marketplace is built on top of ONUS Chain, any transaction or execution on a Smart Contract charged with ONUS coin.
If the transaction is processed, but there is not enough gas for payment, the transaction will be dropped (failed) and the gas will not be returned.
Soya has no say in setting network fees – they are determined by supply/demand across the network (blockchain).
You have several options for transferring funds, however we prefer the following:
You can purchase and deposit ONUS from the ONUS Applicaton.
Soya charges a market fee of 5% to sales with Fixed Price. Depending on the royalty settings, the NFT project's team may deduct an additional royalty charge from the payment.
After the auction ends and the seller or bidder collects their asset(s), 5% is charged from the last bid.
Since 5% of each offer is distributed to the prior bidder, the seller earns 90% of the last/highest bid, provided the auction has more than one bid.
The seller will receive 95% of the sale if there is only one bid.
5% of the sale will be taxed as a market fee. Depending on the royalty settings, the NFT project's team may deduct an additional royalty charge from the payment.