Fees
| Fee | Current rule |
|---|---|
| Purchase fee | 1% of the amount you put into Belief assets, paid on top of that amount: 0.5% to Tropic and 0.5% to authors. |
| Sale fee | 1% of the proceeds of each sale. |
| Transfer fee (Battle) | 5% of each round’s Transfer, deducted before the winning camp shares it. Not charged in a Draw, a No contest or a voided round. |
| Round fee (Battle) | $0.02 per entry per round, reserved with your Battle capital and charged when the round settles, including a Draw or a No contest. Refunded if the round is voided or you leave before it starts. |
| Network fees | Pay for onchain transactions and order execution, settled in USDG. |
How the authors’ share is split
Section titled “How the authors’ share is split”Tropic pays authors out of the purchase fees it has collected. The total is 0.5% of the amount put into Belief assets.
Buying a Belief that is not a fork
Section titled “Buying a Belief that is not a fork”When someone else buys, the whole share goes to the Belief’s author.
Buying a Belief created as a fork
Section titled “Buying a Belief created as a fork”The share is split between the Belief’s author and the authors of its fork sources. If the direct source is itself a fork, earlier sources’ authors can take part too. Each purchase counts at most 4 Beliefs, including the one being bought, with the closer sources first.
The table assumes the buyer wrote none of these Beliefs. Every percentage is of the amount put into Belief assets.
| Fork sources | Author of the Belief bought | Direct source’s author | 2nd source’s author | 3rd source’s author |
|---|---|---|---|---|
| 1 level | 0.375% | 0.125% | ||
| 2 levels | 0.3125% | 0.125% | 0.0625% | |
| 3 or more levels | 0.28125% | 0.125% | 0.0625% | 0.03125% |
Network fees
Section titled “Network fees”| Fee | When | What it covers |
|---|---|---|
| Transaction network fee | Each transaction you sign | The cost of that transaction on Robinhood Chain; at least $0.05. Waived when you stop a Battle entry and your cash cannot cover it. |
| Order network fee | Purchases and sales | The cost of each step of the order on every chain it touches. |
| Prepaid exit network fee | Purchases | The deposit described in Belief assets. |
| Cross-chain transfer fees | Purchases of assets on other chains | What Relay charges, included in each asset’s budget. |