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* [Asset Pricing](developers/asset-pricing.md)
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* [Fees](developers/fees.md)
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* [Metadata](developers/contracts/metadata.md)
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* [Fractional Ownership](developers/datanft-and-datatoken/fractional-ownership.md)
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* [Fractional Ownership](developers/fractional-ownership.md)
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* [Community Monetization](developers/community-monetization.md)
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* [Identifiers & Metadata](developers/Identifiers-Metadata.md)
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* [DDO Specification](developers/ddo-specification.md)
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@ -4,7 +4,7 @@ description: The Ocean Protocol defines various fees for creating a sustainabili
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# Fees
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### Path to sustainability
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### Path to Sustainability
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Ocean Protocol achieves sustainability via the [Web3 sustainability loop](https://blog.oceanprotocol.com/the-web3-sustainability-loop-b2a4097a36e).
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@ -15,14 +15,7 @@ Ocean Protocol achieves sustainability via the [Web3 sustainability loop](https:
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### Fee types
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#### Swap fee
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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:
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* Publisher Marketplace swap fee
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* Consumer Marketplace swap fee
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* Provider Consumption Fees
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* [Ocean Community Fee](fees.md#ocean-community-fee)
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#### Publish fee
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@ -32,9 +25,9 @@ Currently, the Ocean marketplace does not charge a publishing fee. Custom market
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Based on the use case of the marketplace, the marketplace owner can decide if this fee should be charged or not.
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#### Consume fee
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#### Consume(aka. Order) fee
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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.
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Consume 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.
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These are the fees that are applied whenever a user pays to access an asset:
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@ -45,15 +38,15 @@ These are the fees that are applied whenever a user pays to access an asset:
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#### Ocean Community fee
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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.
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Ocean's smart contracts collect **Ocean Community fees** during order operations. These fees are reinvested in community projects and distributed to the veOcean holders through Data Farming.
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For swaps involving approved base tokens like OCEAN and H2O, the Ocean Community swap fee is 0.1%. For swaps involving other base tokens, the Ocean Community swap fee is 0.2%. The Ocean Community order fee is 0.03 DT per order operation.
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The provider Ocean Community order fee is 0.03 DT per order operation.
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These fees can be updated by the Ocean Protocol Foundation.
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#### Provider fee
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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).
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Provider is a component of Ocean Protocol's ecosystem that facilitates data consumption, starts compute jobs, encrypts DDOs, and decrypts DDOs. The provider also validates if the user can access a particular data asset or service. To learn more about Provider, click here.
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Provider fees are paid to the individual or organization running their Provider instance when the user orders an asset. These fees can be set to an absolute amount, not as a percentage. The provider can also specify which token the fees must be paid in - they don't have to be the same token used in the consuming market.
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@ -65,16 +58,6 @@ These fees incentivize individuals and organizations to run their provider insta
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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).
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#### Swap fees
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| Market/Type | Value in Ocean Market, using any Provider | Value in Other Markets |
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| ------------------------------------------------------------- | ----------------------------------------- | --------------------------------------------------------------------------------------- |
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| publishMarket: FixedRate | 0% | <p>Set in the market config, by the publishing market.<br>Min = 0.001%<br>Max = 50%</p> |
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| <p>consumeMarket: FixedRate<br>ERC20Template</p> | 0% | 0% |
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| <p>consumeMarket: FixedRate<br>EnterpriseTemplate</p> | 0% | Set in market config, by the consuming market. |
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| <p>Ocean Community: FixedRate<br>OCEAN, H2O as base token</p> | 0.1% | 0.1% |
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| <p>Ocean Community: FixedRate<br>other base token</p> | 0.2% | 0.2% |
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#### Publish fees
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| Market/Type | Value in Ocean Market, using any Provider | Value in Other Markets |
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@ -98,7 +81,3 @@ The table is periodically updated. Users are advised to confirm new values throu
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| <p>Compute: <code>COST_PER_MIN</code><br>Environment: 1 CPU, 60 secs max</p> | 0 | Set in OperatorEngine envvars. |
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| <p>Compute: <code>COST_PER_MIN</code><br>Environment: 1 CPU, 1 hour max</p> | 1.0 OCEAN/min | Set in OperatorEngine envvars. |
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| Ocean Community | 0% of the Provider fee | 0% of the Provider fee |
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### Further reading
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* [The Web3 Sustainability Loop](https://blog.oceanprotocol.com/the-web3-sustainability-loop-b2a4097a36e)
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