Fees
Smart contract protocol-based W3XShare fees are transparent and applicable to every file transfer transaction.
Let's Start
Web3 mainly works based on the PAYGO (i.e. pay-as-you-go) transaction model, meaning the user has to pay for every data-sharing transaction. To make on-chain communication more viable, work is being done that will parallel to PAYGO also enable subscription-based models, so the users can pay a monthly subscription fee to access block space and share data without the hurdle of paying for every transaction.
Fees within the Protocol
Parallel to the underlying L1/L2 transaction gas cost, the service fees (i.e. protocol fees) are also settled on the smart contract level and are applicable for data file transfer transactions. Total user cost equals the sum of the L1/L2 transaction gas and service fees and the cost of decentralized storage. Both, the gas and service fees converge and manifest as one end-user communication transaction fee. Fees are handled by the [AppFeeManager] smart contract.
Fee Table
[Mail] Send Data file Package
610000
≈ 0.025 FTM
≈ 0.061 ROSE
[PX] Mint free package or new storage
3800000
≈ 0.15 FTM
≈ 0.38 ROSE
[PX] Mint Bandwidth
860000
≈ 0.03 FTM
≈ 0.086 ROSE
[PX] Upgrade Package
1240000
≈ 0.05 FTM
≈ 0.12 ROSE
User cost calculation estimate per data transfer transaction (up to 100MB)
Let's assume that:
100MB PX Storage NFT = Free
Blockchain fees = ~0.009$ FTM ≡
Service base-fee = ~0.0075$ FTM ≡
Service dApp-owner-fee = ~0.0925$ FTM... ≡
Total user cost = ~0.109$ FTM... ≡
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