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106 lines
7.1 KiB
Markdown
106 lines
7.1 KiB
Markdown
---
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title: Fees
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description: The Ocean Protocol defines various fees for creating a sustainability loop.
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---
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# Fees
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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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* The project grows and improves through the efforts of OceanDAO grant recipients.
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* The OceanDAO votes to decide which proposals receive grants.
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* Grant funds are sourced from the Ocean Protocol community treasury.
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* The Ocean Protocol community collects fees when users interact with the protocol, thus completing the sustainability loop.
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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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Publish fees can be charged to a publisher when they publish an asset.
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Currently, the Ocean marketplace does not charge a publishing fee. Custom marketplaces can charge a publishing fee by adding an extra transaction in the publish flow.
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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 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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These are the fees that are applied whenever a user pays to access an asset:
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* Consume Market Consumption Fee
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* Publisher Market Consumption Fee
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* Provider Consumption Fees
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* [Ocean Community Fee](fees.md#ocean-community-fee)
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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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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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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 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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Provider fees can also be used to charge for computing resources. Based on the compute resources needed to run an algorithm in the Compute-to-Data environment, a consumer can choose the amount to pay according to their needs.
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These fees incentivize individuals and organizations to run their provider instances and charge consumers according to resource usage.
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### Fee values
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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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| ----------- | ----------------------------------------- | ---------------------- |
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| - | 0% | 0% |
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#### Order fees (1 DT)
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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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| <p>publishMarket<br>Absolute value, in any token. E.g. 5 USDT</p> | 0 | Set in market config, by the publishing market. |
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| <p>consumeMarket<br>Absolute value, in any token. E.g. 2 DAI</p> | 0 | Set in market config, by the consuming market. |
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| <p>Ocean Community<br>Fixed price in DT</p> | 0.03 DT | 0.03 DT |
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#### Ocean Provider fees
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| Type | OPF Provider | 3rd party Provider |
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| ---------------------------------------------------------------------------- | :--------------------: | ------------------------------ |
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| Token in which fee is charged: `PROVIDER_FEE_TOKEN` | OCEAN | E.g. USDC |
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| Download: `COST_PER_MB` | 0 | Set in Provider envvars. |
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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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