On-Chain Fees

On-chain token fees

There is no buy tax, sell tax, or transfer tax embedded in the token contract.

What the app charges

Read on its own, the section above is easy to finish with "so it is free", and it is not. Both statements are true and they are two different layers: the token takes nothing when it moves, and the platform charges for the operation you asked it to perform. This page exists to say the first one precisely, so it has to say the second one too.

One flat fee, 3 USDT per operation. The amount does not change with the size of the operation, and it is taken in the asset the operation moves, converted at that moment's rate: selling INKY costs 3 USDT worth of INKY. It applies to three things a reader recognises under different names:

What you doWhat the app calls it
Buy or sell one asset for anotherSwap
Send crypto out to an external addressWithdraw
Collect accumulated staking rewardsHarvest

A performance fee of 25% on staking profit, and on profit only: a day that produces none is charged nothing, and the fee never touches the principal. It is applied by the staking contract at the product level, not at the token transfer level, which is why it does not contradict the paragraph above. See Emission for how the profit it applies to is produced.

Those two, plus the P2P fee, are the whole schedule. Fees carries it in full, with the withdrawal limits and a worked example.

How to verify

  1. 1

    Open contract source

  2. 2

    Inspect transfer functions

    Inspect the transfer and transferFrom functions. No fee logic is present in the token contract itself.

  3. 3

    Read the app's fee off the schedule, not the contract

    The flat fee is charged by the platform, so it is not in the token contract and no amount of reading the source will show it. Fees is where it is stated.

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