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@ -3,28 +3,29 @@ title: Fees
description: The Ocean Protocol defines various fees for creating a sustainability loop.
---
## Path to sustainability
# Fees
### Path to sustainability
Ocean Protocol achieves sustainability via the [Web3 sustainability loop](https://blog.oceanprotocol.com/the-web3-sustainability-loop-b2a4097a36e).
- The project grows and improves through the efforts of OceanDAO grant recipients.
- The OceanDAO votes to decide which proposals receive grants.
- Grant funds are sourced from the Ocean Protocol community treasury.
- The Ocean Protocol community collects fees when users interact with the protocol, thus completing the sustainability loop.
* The project grows and improves through the efforts of OceanDAO grant recipients.
* The OceanDAO votes to decide which proposals receive grants.
* Grant funds are sourced from the Ocean Protocol community treasury.
* The Ocean Protocol community collects fees when users interact with the protocol, thus completing the sustainability loop.
## Fee types
### Fee types
### Swap fee
#### Swap fee
Swap fees are collected whenever someone swaps a datatoken for base token (e.g., OCEAN) or base token for a datatoken. The swap can be conducted using a a fixed-rate exchange.
These are the fees that are applied whenever a user swaps base token or datatoken:
Swap fees are collected whenever someone swaps a datatoken for base token (e.g., OCEAN) or base token for a datatoken. The swap can be conducted using a a fixed-rate exchange. These are the fees that are applied whenever a user swaps base token or datatoken:
- Publisher Marketplace swap fee
- Consumer Marketplace swap fee
- Provider Consumption Fees
- [Ocean Community Fee](#ocean-community-fee)
* Publisher Marketplace swap fee
* Consumer Marketplace swap fee
* Provider Consumption Fees
* [Ocean Community Fee](fees.md#ocean-community-fee)
### Publish fee
#### Publish fee
Publish fees can be charged to a publisher when they publish an asset.
@ -32,18 +33,18 @@ Currently, the Ocean marketplace does not charge a publishing fee. Custom market
Based on the use case of the marketplace, the marketplace owner can decide if this fee should be charged or not.
### Consume fee
#### Consume fee
Consume fees (aka. Order fees) are charged when a user holding a datatoken exchanges it for the right to download an asset or to start a compute job that uses the asset.
These are the fees that are applied whenever a user pays to access an asset:
- Consume Market Consumption Fee
- Publisher Market Consumption Fee
- Provider Consumption Fees
- [Ocean Community Fee](#ocean-community-fee)
* Consume Market Consumption Fee
* Publisher Market Consumption Fee
* Provider Consumption Fees
* [Ocean Community Fee](fees.md#ocean-community-fee)
### Ocean Community fee
#### Ocean Community fee
Ocean's smart contracts collect **Ocean Community fees** during swap and order operations. These fees are reinvested in community projects via OceanDAO and other initiatives.
@ -51,7 +52,7 @@ For swaps involving approved base tokens like OCEAN and H2O, the Ocean Community
These fees can be updated by the Ocean Protocol Foundation.
### Provider fee
#### Provider fee
Provider is a component of Ocean Protocol's ecosystem that facilitates data consumption, starts compute jobs, encrypts DDOs, and decrypts DDOs. Provider also validates if the user can access a particular data asset or service. To learn more about Provider, click [here](https://github.com/oceanprotocol/provider).
@ -61,31 +62,44 @@ Provider fees can also be used to charge for computing resources. Based on the c
These fees incentivize individuals and organizations to run their provider instances and charge consumers according to resource usage.
## Fee values
### Fee values
The table is periodically updated. Users are advised to confirm new values through the [contracts](https://github.com/oceanprotocol/contracts) and the [market](https://github.com/oceanprotocol/market).
| Swap Fees | Value in Ocean Market, using any Provider | Value in Other Markets |
| :------------------------------------------------------------- | :---------------------------------------: | :------------------------------------------------------------------------------------------------------------------------------------------------ |
| publishMarket: FixedRate | 0% | Set in the market config, by the publishing market.<br>Min = 0.001%<br>Max = 50% |
| consumeMarket: FixedRate<br>ERC20Template | 0% | 0% |
| consumeMarket: FixedRate<br>EnterpriseTemplate | 0% | Set in market config, by the consuming market. |
| Ocean Community: FixedRate<br>OCEAN, H2O as base token | 0.1% | 0.1% |
| Ocean Community: FixedRate<br>other base token | 0.2% | 0.2% |
| <b>Publish Fees</b> | 0% | 0% |
| <b>Order Fees <br>1 datatoken available to get dataset acces | | |
| publishMarket<br>Absolute value, in any token. E.g. 5 USDT | 0 | Set in market config, by the publishing market. |
| consumeMarket<br>Absolute value, in any token. E.g. 2 DAI | 0 | Set in market config, by the consuming market. |
| Ocean Community<br>Fixed price in DT | 0.03 DT | 0.03 DT |
#### Swap fees
| Ocean Provider Fees | OPF Provider | 3rd party Provider |
| :---------------------------------------------------------- | :--------------------: | :----------------------------- |
| Market/Type | Value in Ocean Market, using any Provider | Value in Other Markets |
| ------------------------------------------------------------- | ----------------------------------------- | --------------------------------------------------------------------------------------- |
| publishMarket: FixedRate | 0% | <p>Set in the market config, by the publishing market.<br>Min = 0.001%<br>Max = 50%</p> |
| <p>consumeMarket: FixedRate<br>ERC20Template</p> | 0% | 0% |
| <p>consumeMarket: FixedRate<br>EnterpriseTemplate</p> | 0% | Set in market config, by the consuming market. |
| <p>Ocean Community: FixedRate<br>OCEAN, H2O as base token</p> | 0.1% | 0.1% |
| <p>Ocean Community: FixedRate<br>other base token</p> | 0.2% | 0.2% |
#### Publish fees
| Market/Type | Value in Ocean Market, using any Provider | Value in Other Markets |
| ----------- | ----------------------------------------- | ---------------------- |
| - | 0% | 0% |
#### Order fees (1 DT)
| Market/Type | Value in Ocean Market, using any Provider | Value in Other Markets |
| ----------------------------------------------------------------- | ----------------------------------------- | ----------------------------------------------- |
| <p>publishMarket<br>Absolute value, in any token. E.g. 5 USDT</p> | 0 | Set in market config, by the publishing market. |
| <p>consumeMarket<br>Absolute value, in any token. E.g. 2 DAI</p> | 0 | Set in market config, by the consuming market. |
| <p>Ocean Community<br>Fixed price in DT</p> | 0.03 DT | 0.03 DT |
#### Ocean Provider fees
| Type | OPF Provider | 3rd party Provider |
| ---------------------------------------------------------------------------- | :--------------------: | ------------------------------ |
| Token in which fee is charged: `PROVIDER_FEE_TOKEN` | OCEAN | E.g. USDC |
| Download: `COST_PER_MB` | 0 | Set in Provider envvars. |
| Compute: `COST_PER_MIN`<br> Environment: 1 CPU, 60 secs max | 0 | Set in OperatorEngine envvars. |
| Compute: `COST_PER_MIN`<br> Environment: 1 CPU, 1 hour max | 1.0 OCEAN/min | Set in OperatorEngine envvars. |
| <p>Compute: <code>COST_PER_MIN</code><br>Environment: 1 CPU, 60 secs max</p> | 0 | Set in OperatorEngine envvars. |
| <p>Compute: <code>COST_PER_MIN</code><br>Environment: 1 CPU, 1 hour max</p> | 1.0 OCEAN/min | Set in OperatorEngine envvars. |
| Ocean Community | 0% of the Provider fee | 0% of the Provider fee |
## Further reading
### Further reading
- [The Web3 Sustainability Loop](https://blog.oceanprotocol.com/the-web3-sustainability-loop-b2a4097a36e)
* [The Web3 Sustainability Loop](https://blog.oceanprotocol.com/the-web3-sustainability-loop-b2a4097a36e)