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Governance and PoliciesFees Schedule

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 typeWhen chargedWho paysAmount / splitNotes
MarketplaceOn successful sale (fixed/auction)Buyer or Seller*2.5% total → 1.5% Reward Distributor, 1.0% PanthartTaken from sale price at settlement (see “Who pays”).
CreationDuring creator flows (mint/setup)CreatorVariableCovers IPFS pinning/bandwidth and convenience services. Shown before confirmation.
RoyaltiesOn successful sale (if configured)SellerCollection policyPaid to collection royalty recipient where supported.
GasEvery on-chain txCallerNetwork-definedPaid 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 (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.


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