Fees and Burn
Fees are calculated and charged to the user during various message executions on the network. Types of fees on network include fixed and variable.

Fixed Fees

Fixed fees are incurred by users during simple transactions that require minimal computational effort as a way to deter bad-acting users from spamming the network. Fixed fees are burnt following a Proof of Burn mechanism and include:
  • Create PastelID
  • NFT Registration
  • NFT Trade

Variable Fees

Variable fees are charged to users proportionate to the amount of computational effort required to execute specific operations. Variable fees on Pastel leverage a mechanism that automatically adjusts relative to network difficulty and computational resources in order to keep them minimal at all times. Variable fees are either burnt or distributed to SuperNodes performing and include:
  • NFT Activation
  • Sense API
  • Cascade API

Current Fee Schedule

TX-Type
Amount (PSL)
Text
Create-PastelID
1,000
Burnt by User
NFT-Registration
10
Burnt by Registering SuperNode
NFT-Activation (Fixed)
10
Burnt by User
NFT-Activation-Storage (Variable)
50 PSL / 1 MB
  • 45% to Registering SuperNode
  • 45% Split Between Verifying SuperNodes
  • 10% Burnt
NFT-Activation-Space (Variable)
3 PSL / 1 KB
  • 45% to Registering SuperNode
  • 45% to Verifying SuperNodes
  • 10% Burnt
NFT-Offer
1% of Sale Price
Burnt by buyer
NFT-Ask
2% of Sale Price
Burnt by seller
OpenAPI-Sense
PSL / 1 KB
  • 48% to Registering SuperNode
  • 32% to Verifying SuperNodes
  • 20% Burnt
OpenAPI-Cascade
50 PSL / 1 MB
  • 48% to Registering SuperNode
  • 32% to Verifying SuperNodes
  • 20% Burnt
Export as PDF
Copy link