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Royalties & Fees

Panthart settles sales on-chain and pays everyone in a single atomic transaction.
This page explains who gets paid, in what order, and how the math works for both fixed-price and auction settlements.

All payouts occur in the same currency as the listing or winning bid (ETN or a supported ERC-20).
No custody, no manual disbursements—everything is enforced by the marketplace contracts.


Payout order (at settlement)

  1. Marketplace fee — 2.5% of sale price
    1.5% → Reward Distributor (for Non-Fungible Comrades holders)
    1.0% → Panthart fee wallet

  2. Creator royalties (when configured)
    • Paid to the creator/collection royalty address according to the collection policy.

  3. Seller proceeds
    • The remainder goes to the seller.

If a collection specifies 0% royalty, step 2 is skipped and the remainder after the 2.5% fee goes to the seller.


Sources of royalty configuration

  • Collection policy (preferred): The collection’s royalty settings configured in the marketplace/collection contract.
  • Metadata royalty fields (display/intent): seller_fee_basis_points and fee_recipient help UIs and explorers display royalty intent.
    Actual enforcement happens at settlement per the collection/marketplace policy.

If a collection defines a royalty policy, every sale that matches that policy pays out the royalty automatically during settlement.


Examples

Fixed price (ETN)

Sale price: 1,000 ETN
Collection royalty: 5% (to creator wallet)

Breakdown

  • Marketplace fee (2.5%): 25 ETN
    • → Reward Distributor (1.5%): 15 ETN
    • → Panthart (1.0%): 10 ETN
  • Creator royalty (5%): 50 ETN
  • Seller receives: 1,000 − 25 − 50 = 925 ETN

For quick what-if math on any amount, use the Fee Calculator on the docs homepage.


Creation fee (minting via Panthart)

When creators launch through Panthart, a small creation fee may apply.

This covers:

  • IPFS pinning & bandwidth for media/metadata (automatic CID wiring so JSON always points to the final pinned files)
  • Convenience services that streamline setup for non-technical creators (uploads, validation, guardrails)

How it’s charged

  • The creation fee is separate from marketplace and royalty fees, and is paid at creation time (not at sale).
  • It’s clearly shown in the UI before you confirm. The currency and amount are exactly what you’ll sign for.
  • Depending on the flow, the fee may be assessed per collection (e.g., a 721 Drop) or per item (e.g., single 721/1155).

Pricing policy

  • Creation fees are not fixed; they can change with market conditions (e.g., storage costs, network fees) or service improvements.
  • We periodically review and update the fee schedule. Any change is reflected in-product prior to confirmation—no surprises.
  • If a promotion or grant covers your fee, the UI will show 0 at confirmation.

Multi-currency behavior

  • Listing currency = settlement currency. Fees, royalties, and seller proceeds are computed and paid in the listing/bid token (ETN or the selected ERC-20).
  • Approvals: First-time use of an ERC-20 requires a standard approve call for the marketplace contract; after that, settlements proceed with a single transaction.
  • Creation fee currency: It’s charged in the currency displayed in the creation flow. If the flow supports multiple tokens, choose the one you prefer before confirming.

Edge cases & notes

  • Zero-royalty collections: Only the 2.5% marketplace fee is taken; the seller receives the rest.
  • Edits/relists: Changing price/currency typically requires a relist; payout math still follows the rules above.
  • Auctions with reserve: If the reserve isn’t met, no sale occurs and no fees/royalties are taken.
  • Rounding: Minor rounding may occur according to the token’s decimals; contracts round consistently.

Always verify the spender (for ERC-20 approvals) and the contract addresses you interact with. See References → Contract Addresses for the canonical list.


FAQ

Do royalties apply to both fixed-price and auctions?
Yes. If the collection’s royalty policy is set, it applies to any successful sale.

Can a buyer “skip” royalties?
No. Payouts are enforced by the settlement contract. If a sale matches the policy, the royalty is paid automatically.

Where do the 1.5% rewards go?
Into the Reward Distributor contract, which distributes to Non-Fungible Comrades holders pro-rata.

Are royalties taken before or after fees?
The marketplace fee (2.5%) is taken from the sale price, then creator royalties (if configured) are paid. The remainder goes to the seller.


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