Fees Schedule
Panthart charges transparent, on-chain fees. Amounts are shown in-product before you sign and are paid in the listing/bid currency (ETN or supported ERC-20). Gas is paid to the network by you.
Summary
| Fee type | When charged | Who pays | Amount / split | Notes |
|---|---|---|---|---|
| Marketplace | On successful sale (fixed/auction) | Buyer or Seller* | 2.5% total → 1.5% Reward Distributor, 1.0% Panthart | Taken from sale price at settlement (see “Who pays”). |
| Creation | During creator flows (mint/setup) | Creator | Variable | Covers IPFS pinning/bandwidth and convenience services. Shown before confirmation. |
| Royalties | On successful sale (if configured) | Seller | Collection policy | Paid to collection royalty recipient where supported. |
| Gas | Every on-chain tx | Caller | Network-defined | Paid to validators; non-refundable on success/revert. |
* Who pays marketplace fee: The fee is deducted from the sale proceeds at settlement. Practically, the buyer pays the full listed price, and the seller receives the listed price minus fees/royalties (and any protocol-specific deductions). Auctions follow the same rule using the winning bid.
All payout math runs atomically on-chain at settlement: fees → rewards & protocol; royalties → collection recipient; remainder → seller. No custody, no manual disbursements.
Marketplace fee — 2.5%
- Split: 1.5% → Reward Distributor (for Non-Fungible Comrades holders), 1.0% → Panthart fee wallet.
- Scope: Fixed-price and timed-auction settlements.
- Currency: Same as the sale (ETN or supported ERC-20).
- Rounding: Minimal rounding may occur according to token decimals; contracts round consistently.
Example (fixed price, ETN)
Listed price = 1,000 ETN; royalty = 5%
- Marketplace fee (2.5%) = 25 ETN
- → Reward Distributor (1.5%) = 15 ETN
- → Panthart (1.0%) = 10 ETN
- Royalty (5%) = 50 ETN
- Seller receives = 1,000 − 25 − 50 = 925 ETN
Creation fee (creator workflows)
- What it covers:
- IPFS pinning & bandwidth for media/metadata CIDs.
- Convenience services (uploads, validation, guardrails, optional reveal helpers).
- How charged: Displayed clearly before you confirm; paid at creation time, not at sale.
- Pricing policy: Not fixed. Fees may change with storage/network conditions or service improvements; updates are reflected in-product prior to confirmation. Promotions may reduce the fee to 0 for eligible flows.
Royalties
- Enforcement: Where a collection has a royalty policy, the marketplace enforces that policy during settlement.
- Order of operations: Marketplace fee → Royalties → Seller proceeds.
- Cross-market behavior: Royalties on other UIs/marketplaces are outside Panthart’s control.
Multi-currency behavior
- In = Out: Listing/bid currency equals settlement currency; all fees and royalties are computed and paid in that token.
- Approvals: First-time ERC-20 usage requires a standard approve of the marketplace contract (one-time per token).
- No auto-swap: Panthart does not convert between tokens during settlement.
Auctions specifics
- No sale, no fee: If a reserve isn’t met or an auction is canceled before a qualifying bid, no marketplace or royalty fees are collected (gas still applies to any actions taken).
- Settlement: Fees/royalties are computed from the winning bid and paid at settlement in the bid token.
Cancellations, edits & failures
- Delisting / price edit: You may cancel a listing or change price where the contract allows; you pay gas for those actions.
- Failed tx / revert: Gas may be consumed even if a transaction reverts; protocol fees and royalties are only taken on successful settlement.
- Stale approvals: If a spender changes, the UI will request a new approval; previous approvals can be revoked from your wallet if desired.
Examples
Fixed price — ERC-20
Fixed price (USDC)
Listed = 2,500 USDC; royalty = 0%
- Fee (2.5%) = 62.5 USDC
- → Rewards 37.5; → Panthart 25.0
- Seller receives = 2,437.5 USDC
Transparency & changes
- All fee recipients and contract addresses are listed in References → Contract Addresses.
- Updates to fee schedules are announced in-product prior to effect and reflected in the UI at confirmation time.
Always verify the spender and contract addresses in your wallet prompts. Use the canonical list in References.
Related
- Creators → Royalties & Fees
- Collectors → Buying & Bidding
- References → Contract Addresses • ABIs