💵Fees & Royalties

Royalties

NFT integrations on Eclipse Pad will have set royalties when traded or exchanged on secondary markets.

Below is the breakdown of the different NFT utilities and what the royalty fees will be for each, these royalty fees will be allocated and distributed in different places across the platform. More details on these NFTs can be found at: Eclipse NFTs

Vested NFT positions

The vested NFT positions will have set 10% royalty fees. This fee will be collected when traded on the secondary market. These collected royalty fees will be automatically allocated in the following way:

• 70% of royalties will go towards automatic $ECLIP buying back and deflation as set out in the Deflationary Modelsection.

• 30% will go towards Eclipse treasury and operational expenses, this revenue will assist the platform in running and scaling.

Airdrop NFTs

Airdrop NFTs will have a set 10% royalty fee. This fee will be collected when traded on the secondary market. These collected royalty fees will be automatically allocated in the following way:

• 60% to launching projects. Projects utilising the NFT airdrop feature will automatically receive 60% of the royalty fees when traded.

• 20% of royalties will go towards automatic $ECLIP buying back and deflation.

• 20% will go towards Eclipse treasury and operational expenses

Staking position NFTs

Staking positions that are converted into NFTs and traded on the secondary market will have a set 5% royalty fee. This royalty is lower to make it easier to trade staking positions, but not too low that it can be easily gamed.

100% of these royalties will be automatically allocated to $ECLIP token buybacks and supply reductions.

Launching Fees

Launching a project on Eclipse Pad will launch fees to cover marketing and operations. In the earlier stages of the platform, this will be a 7% cash percentage of the IDO raise. This can sometimes be lower and will be negotiated pre-IDO depending on factors and this fee will be allocated towards Eclipse treasury and operational expenses.

In the future, as the platform and community scales, there will also be a small token allocation collected from projects, this will be a fee for marketing. This fee will not go to the treasury or be used for operations. Instead, it will benefit the community by being allocated to the Rewards Pool and not sold, but rather staked long-term and used to generate yield.

Accelerator Fees

Projects participating in the Eclipse accelerator program will allocate a portion of token allocation as a fee for taking part in the program, this will be vested and allocated between Eclipse Pad, the rewards pool, and relevant partners in the accelerator.

This fee structure is still To be confirmed, but a portion allocation of this will go towards the Rewards Pool, this piece will need to be unlocked at TGE or subject to shorter vesting, but it will not be sold but rather locked and staked inside the rewards pool.

The accelerator program will also take a 5-7% commission fee on money raised from VCs where the accelerator program is responsible for the introduction and matching. These collected fees will go towards operational expenses and scaling up the program.

Investment DAO pool fees (coming soon)