💰 Zaar Fees & Royalty Policy

Covers Zaar's fee structure & royalty policy

This page outlines ZAAR’s fees, our royalty policy, and the benefits of using referral codes. At ZAAR, we're committed to providing a transparent and fair trading environment for our users. Below, we detail how our fees are structured and how royalties work across different marketplaces we aggregate through Reservoir, alongside the advantages of our referral program.

Understanding ZAAR Fees

ZAAR ensures a straightforward fee structure designed to facilitate an efficient and accessible trading experience:

• 1% Buy Fee: This fee is applied to all listings by quoting 1% higher than the listing price.

• 1% Sell Fee: A 1% fee is deducted from the sale proceeds of every transaction.

Royalties and Marketplace Fees

ZAAR connects with multiple marketplaces via Reservoir to provide you with the best possible liquidity options. Consequently, the final fees and royalties associated with a sale depend on the marketplace where the transaction is executed, as well as the royalty policies of the specific collections involved.

Practical Examples

• Example 1: If ZAAR identifies the best bid for a seller on Blur, the transaction will follow Blur's fee structure (0% platform fee) and abide by the collection's set royalty rates.

• Example 2: When ZAAR locates the top offer for a seller on OpenSea, the sale will be subject to OpenSea's fee (2.5% platform fee) in addition to the royalty dictated by the collection in question.

These examples illustrate how ZAAR navigates varying marketplace policies to ensure the best outcomes for our users, reflecting the specific terms of the marketplace selected for the transaction.

ZAAR Referral Program

To reward our community for spreading the word about ZAAR, we offer a referral system with enticing perks:

• Referral Rebates: Users who generate referral codes receive a 0.25% rebate, based on 100% of the trading volume they bring to ZAAR. This rebate is a portion of the 1% fee collected by ZAAR on transactions.

• Perpetuity Benefits: These rebates are not a one-time reward; they are ongoing, providing continuous benefits from the volume generated through the referral code.

This makes Zaar the first marketplace that truly gives back to its users.

Adjustments for the Future

It’s important to note that the rebate from the referral program is directly linked to ZAAR's fee structure. Should there be any adjustments to our fees in the future, the referral rebates will be revised accordingly, maintaining alignment with our overall fee policy.

We hope this breakdown helps clarify how fees, royalties, and referrals work on ZAAR. Our goal is to create a platform that is transparent, user-friendly, and rewarding for all members of the ZAAR community.