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)
-
Marketplace fee — 2.5% of sale price
• 1.5% → Reward Distributor (for Non-Fungible Comrades holders)
• 1.0% → Panthart fee wallet -
Creator royalties (when configured)
• Paid to the creator/collection royalty address according to the collection policy. -
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_pointsandfee_recipienthelp 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
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.
Related
- Collectors → Buying & Bidding — flows, currencies, wallet prompts
- Collectors → Transfers & Escrow — atomic settlement & refunds
- Creators → Media & Metadata — preparing assets & JSON
- References → Contract Addresses — official addresses to verify on the explorer