Platform
Fees Distribution

Genify Platform Fee Distribution

Fee Configuration

ParameterValueDescription
freeMintFee0.0004 ETHFixed fee per item for free minting
paidMintRate100 (10%)Percentage fee for paid minting
creatorShare300 (30%)Creator share in free minting
referralShare200 (20%)Referral share in free minting
platformShare800 (80%)Platform share in paid minting
referralShare200 (20%)Referral share in paid minting

Fee Calculation Examples

1. Free Minting (ETH/ERC20)

ComponentCalculationExample (2 items)
Base Fee0.0004 ETH × quantity0.0008 ETH
Creator Share (30%)fee × 300/10000.00024 ETH
Referral Share (20%)fee × 200/10000.00016 ETH
Platform ShareRemaining0.0004 ETH

Without Referrer:

ComponentCalculationExample (2 items)
Creator Share (50%)fee × 500/10000.0004 ETH
Platform ShareRemaining0.0004 ETH

2. Paid Minting (ETH/ERC20)

ComponentCalculationExample (1 ETH price)
Total PaymentUser payment1 ETH
Feeprice × 100/1000 (10%)0.1 ETH
Creator ShareTotal Payment - Fee0.9 ETH
Platform Share (80%)fee × 800/10000.08 ETH
Referral Share (20%)fee × 200/10000.02 ETH

Without Referrer:

ComponentCalculationExample (1 ETH price)
Total PaymentUser payment1 ETH
Feeprice × 100/1000 (10%)0.1 ETH
Creator ShareTotal Payment - Fee0.9 ETH
Platform Share (100%)fee × 1000/10000.1 ETH

Key Points

  1. Free Minting

    • Only charges fixed fee per item (0.0004 ETH)
    • Three-way split between platform, creator, and referrer
    • Creator absorbs referral share if no referrer
    • Same fee structure for both ETH and ERC20 minting

  2. Paid Minting

    • Charges percentage of mint price (10%)
    • Two-way split between platform and referrer
    • Platform absorbs referral share if no referrer
    • Mint price goes directly to creator
    • Same fee structure for both ETH and ERC20 minting

  3. Fee Distribution

    • Free minting: Platform + Creator + Referrer (if any)
    • Paid minting: Platform + Referrer (if any)
    • All percentages are in basis points (1/1000)
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