Exchange Fees
All fees are scheduled and enforced by a collection of "wise" contracts, written in Nexa Script.
Maintenance Fee
Nexa Exchange collects a 0.01% maintenance fee, based on the "$NEXA value" (as per UTXO generated) of each transaction. Fees are deposited directly into the Exchange's treasury and used to maintain the platform's (minimum) operational requirements.
You should to know! — The maintenance fee of 0.01% is FIXED FOREVER, and can ONLY be changed by an order set forth by the DAO members through a stakeholder vote.
Platform Fee
Nexa Exchange collects a platform fee, based on the "$NEXA value" (as per UTXO generated) of each transaction. Fees are deposited directly into the Exchange's treasury and paid out (pro-rata) to "qualified" NEXX stakeholders.
| Asset Type | Fee Rate |
|---|---|
| Registered fungible token (RFT) | 0.0% |
| Un-registered fungible token (UFT) | 0.3% |
| Non-fungible token (NFT) | FREE |
| Semi-fungible token (SFT) | FREE |
You need to know! — During the "bootstrap phase" (or until the 1st NEXX airdrop), 100% of fees collected by the Exchange will be deposited into Ava's treasury for daily Payyyouts to "qualified" stakeholders.