🧀Fees

Fee structure for the marketplace and for THORName registration

Marketplace fees

• 2.5% on listing sales

• No fees for buyers

• No fees on registration

THORName Registration fees

10 RUNE for registration. 1 RUNE per 1 year extention expiration: 20 tor block fee, which works out to be around 1 RUNE annually. A user who pays 2 RUNE will then keep their name registered for approximately 2 years. Fees are controlled by Constants/Mimir, the current settings are:

• TNSRegisterFee: 10 RUNE

• TNSFeeOnSale: 1000 Basis Points

• TNSBlockFee: 20 tor per block (roughly 1 RUNE per year)

Example: a 20 Rune registration registers the THORName for 10 years. (10 RUNE Registration Fee + 1 RUNE every year).