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Fees on Wyvern

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Last updated 1 year ago

Wyvern has various revenue streams where users and creators will exchange the WYVERN token.

PROTOCOL FEE

For each trade that is carried out, Wyvern will charge a fee to third parties that are authorized to utilize the Wyvern protocol.

MARKETPLACE FEE

A fee will be charged for successful NFT asset sales on Wyvern's NFT marketplace.

PRIMARY SALES FEE

A charge will be deducted by Wyvern from each main sale made using the Wyvern protocol.

In the future, a portion of the total ecosystem revenue—which includes protocol fees, store fees, transaction fees from the NFT marketplace, and other costs—will go toward WYVERN token staking.

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