Marketplace Fees

Complete breakdown of fees, costs, and revenue sharing on the Lyraverse marketplace.

Fee Structure Overview

Primary Sales (Minting)

Sale Price Breakdown:
├── Platform Fee: 2.5%
├── Creator Royalty: 0-25% (set by creator)
└── Creator Receives: Remaining amount

Secondary Sales (Trading)

Sale Price Breakdown:
├── Platform Fee: 0.5%
├── Creator Royalty: 0-25% (set by creator)
└── Seller Receives: Remaining amount

Platform Fee Details

Secondary Market Fee

• Rate: 0.5% of total transaction value

• Currency: Deducted in HYPE

• Timing: Calculated and deducted at sale time

• Transparency: Fee visible before purchase

Fee Calculation Example

Sale Price: 10 HYPE

Platform Fee: 0.5% = 0.05 HYPE
Creator Royalty: 5% = 0.5 HYPE
Seller Receives: 9.45 HYPE

Total Deductions: 0.55 HYPE (5.5%)

Creator Royalties

Royalty System

• Range: 0% to 25% (platform enforced maximum)

• Purpose: Ongoing creator compensation

• Enforcement: Smart contract level guarantee

• Why 25% Max?: Protects buyers from excessive fees

Royalty Distribution

Creator sets 5% royalty:
- Sale #1 (10 HYPE): Creator gets 0.5 HYPE
- Sale #2 (15 HYPE): Creator gets 0.75 HYPE
- Sale #3 (8 HYPE): Creator gets 0.4 HYPE
- Total Royalties: 1.65 HYPE

Royalty Management

• Immutable: Set at collection creation, cannot change

• Automatic: Paid instantly on every sale

• Transparent: All royalty payments visible on-chain

Gas Fees

Transaction Costs

• Network: Hyperliquid blockchain fees

• Variable: Depends on network congestion

• Currency: Paid in HYPE (network native token)

• Estimation: Provided before transaction

Typical Gas Costs

{
  "listing": "~0.01 HYPE",
  "purchase": "~0.02 HYPE",
  "transfer": "~0.005 HYPE",
  "minting": "~0.05-0.1 HYPE"
}

Gas Optimization

• Batch Operations: Combine multiple actions

• Network Timing: Transact during low congestion

• Fee Estimation: Use provided gas estimates

Fee Transparency

Pre-Transaction Display

Purchase Confirmation Screen:
Sale Price: 10 HYPE
Creator Royalty (5%): 0.5 HYPE
Platform Fee (0.5%): 0.05 HYPE
Gas Fee (estimated): ~0.02 HYPE
You Pay: 10.02 HYPE
Seller Receives: 9.45 HYPE
Creator Receives: 0.5 HYPE

Post-Transaction Records

• Transaction Hash: On-chain verification

• Fee Breakdown: Detailed cost analysis

• Revenue Tracking: Creator earnings dashboard

Revenue Sharing

Platform Fee Allocation

Platform Fee Distribution (0.5%):
├── Operations: 40%
├── Marketing: 30%
├── Development: 20%
└── Ecosystem: 10%

Creator Revenue Streams

1. Primary Sales: 100% of mint price

2. Secondary Royalties: Percentage of every resale

3. Long-term Value: Appreciation over time

Holder Benefits

• No Selling Fees: Only pay gas for transactions

• Royalty Free: Buy without worrying about resale costs

• Value Appreciation: Benefit from collection growth

Fee Comparison

Platform Comparison

Lyraverse:
- Secondary Fee: 0.5%
- Primary Fee: 2.5%
- Royalty Max: 25%

OpenSea:
- Secondary Fee: 2.5%
- Primary Fee: 0%
- Royalty Max: None

Rarible:
- Secondary Fee: 2.5%
- Primary Fee: 0%
- Royalty Max: None

Foundation:
- Secondary Fee: 5%
- Primary Fee: 5%
- Royalty: 10% (fixed)

Competitive Advantages

• Creator Protection: 25% royalty maximum

• Buyer Friendly: Low 0.5% secondary fee

• Gas Efficient: Optimized for Hyperliquid network

• Fair Mint Fees: Competitive 2.5% minting fees

Fee Optimization

For Creators

• Strategic Royalties: Balance between earnings and sales

• Value Creation: Focus on NFT utility and community

• Long-term Thinking: Consider lifetime royalty potential

For Sellers

• Price Setting: Factor fees into listing price

• Market Timing: Sell when fees are favorable

• Bulk Operations: Minimize per-transaction costs

For Buyers

• Total Cost: Include gas in purchase decision

• Resale Potential: Consider future selling costs

• Portfolio Strategy: Diversify across collections

Special Fee Structures

Promotional Periods

• Fee Waivers: Temporary reduced fees

• Bonus Royalties: Increased creator earnings

• Community Events: Special fee structures

Collection Tiers

{
  "standard": {
    "secondaryFee": 0.005,
    "royaltyMax": 0.25
  },
  "premium": {
    "secondaryFee": 0.004,
    "royaltyMax": 0.30,
    "requirements": "10k+ volume"
  },
  "enterprise": {
    "secondaryFee": 0.003,
    "royaltyMax": 0.35,
    "requirements": "DAO governance"
  }
}

Tax Considerations

Fee Reporting

• Business Expenses: Platform fees as deductible costs

• Royalty Income: Creator earnings as taxable income

• Record Keeping: Maintain detailed transaction records

Jurisdiction Compliance

• Local Laws: Follow regional tax regulations

• Crypto Reporting: Include in cryptocurrency tax reports

• Professional Advice: Consult tax professionals

Future Fee Developments

Planned Changes

• DAO Governance: Community-controlled fee adjustments

• Dynamic Fees: Market-based fee modulation

• Fee Tokens: Platform token rewards for active users

Advanced Features

• Fee Discounts: Loyalty program benefits

• Bulk Discounts: Reduced fees for large transactions

• Cross-Chain: Unified fee structure across networks

Support and Questions

Fee-Related Support

• Fee Calculations: How fees are computed

• Disputes: Fee deduction disagreements

• Refunds: Gas fee reimbursement policies

Contact Information

• Fee Questions: [email protected]

• Technical Support: [email protected]

• Creator Support: [email protected]

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Transparent, fair, and competitive fee structure for all participants! 💰📊