Lowest Cost of Trade
Golom protocol offers 0.5% trading fees on all trades made via Golom contracts. This trading fees will be rewarded 100% back to the stakers, more details here : Staking rewardsGolom contracts are written from the ground up to minimize the gas cost involved in trading. Our contracts use up to ~40% less gas fees than other marketplaces. Refer to the table below for detailed cost.
Golom gives power back to the user to decide how much royalty they want to pay. User can choose any royalty amount from 0% to upto 10%.
Task | Golom | Other marketplaces |
|---|---|---|
Creating Order Gas cost | 0 | 0 |
Filling Order gas cost | 137,000 | 220,000 |
Cancelling gas cost | 50,000 | 76,000 |
Platform fees | 0.5% | 0.5%-15% |
Royalty fees | User decides | 2-10% |
Last modified 5mo ago