Fees

Available on Mainnet

Important Terminology

  • Maker Marketplace: The marketplace that lists the asset for sale.
  • Taker Marketplace: The marketplace that completes the purchase for an asset. It is possible for a * marketplace to be both the maker and the taker marketplace.
  • Asset Originator: The entity who will receive royalty fees. The asset originator does not necessarily have to be the minter themselves.
  • Royalties: A royalty fee represents a percentage of secondary sales that will go to the original asset creator.

Secondary Sale Fees

Secondary sale fees refer to fees collected when assets are traded on the Immutable X protocol.

Trading Fees Breakdown

Fee

Description

Current Value

Protocol Fee (coming soon)

Fee to support the ongoing development and maintenance of the Immutable X ecosystem.

2% of the base sale / listing price

Maker Fee (coming soon)

Fee to support maker marketplace for providing liquidity.

x%

Set by the maker marketplace when listing an asset for sale

Taker Fee (coming soon)

Fee to support taker marketplace for providing liquidity.

x%

Set by the taker marketplace when purchasing an asset

Royalty Fee

Fee distributed to the asset originator when the asset is sold.

x%

Set at the time of minting by the asset originator.

Example Breakdown

Base price: 100 ETH

Sale / listing price: 100 + 0.5 + 2 + 2 = 104.5 ETH (what’s shown on the marketplace)

  • Royalty: .5% = 0.5 ETH
  • Marketplace: 2% = 2 ETH on Immutable X’s marketplace
    • Maker MP: 1
    • Taker MP: 1
  • Protocol: 2% = 2 ETH
    • Immutable/Protocol Development: 1.6
    • IMX token reward pool: 0.4

Distributions

Immutable X will pay out these fees immediately after each transaction is confirmed. This means that each party hoping to collect fees must have registered an Immutable X account, but it allows the settlement of fees to also be gas-less.

Royalties

Royalty recipients

Royalty percentages for one or more recipients can be set at the time an asset is minted. Royalties will be distributed to the recipients' Immutable X wallets. All recipients must be registered with Immutable X.

Layer 1 Enforceability

At this stage, royalties for assets minted on Immutable X are only enforced on layer 2. If withdrawn assets are re-deposited onto Immutable X at a later date, royalties will continue to work alongside gas-free trading.


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