NOTICE ON PLANNED FEE TIER CHANGE.
13 Jul 2023, 11:36
NOTICE ON PLANNED FEE TIER CHANGE 📢
We've had a long-lasting fee tier for auctions, fixed price listings & unsolicited offers for domains. The tier allows a user a discount on the fees charged determined by their $FIDA holdings.
See the current fee structure for auctions, fixed price resells & unsolicited offers.
These tiers should've been revisited more often. Moving forward, fee tiers will be evaluated on a 6 month basis to ensure accurate representation of the current market values.
Our goal is to care for the wellbeing of the entirety of our product, which includes the $FIDA token & the distribution thereof.
We propose this new fee tier (%s will remain the same), that we believe is in the betterment for SNS holders as well as token holders. The fee tier is subject to change & can be both increased or decreased based on a fair market assessment. You can, however, expect the USD equivalent to remain relatively similar for future fee tier changes.
Let us know if you have any concerns/feedback.