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Fees and $RES

Craft and melt fees, the 50/50 split, and what $RES does.

Fee schedule

Every fee is charged in USDG at the moment of the craft or melt.

ActionTierFeePaid in
CraftT1 Component0.3%USDG
CraftT2 Product1%USDG
CraftT3 Legendary2%USDG
MeltEvery tier1.5%USDG

Worked example at starting NAV: crafting a Component costs $0.06, a Product $0.6 and Megacity $4.8, plus the $RES burn described below.

The split

  • 50% goes to staked T2 and T3 holders, paid in SPY.
  • 50% goes to $RES buyback and burn.

The Keeper contract converts USDG to SPY for the staker half and runs the buyback for the other half. Staking itself lives in the Depot; see Staking.

$RES

$RES launches on Pons. Its ETH creator fees route to the same buyback.

Crafting a Megacity burns $RES worth 25% of its NAV, on top of the craft fee. At starting NAV that is $60 of $RES.

$RES address: Soon. The token is not live and nothing here is a promise about its price.