💰Fees

RNTD is currently in the alpha stage and may contain bugs or other issues. Please use caution when using the platform and report any issues to our customer support team.

RNTD operates on a fee-based model to provide high-quality services to its users. Two fees will be associated with RNTD, including rental and platform fees.

Rental fees are the fees charged by the lender when you rent an NFT. These fees are paid by the renter and are used to pay for renting the NFT. The rental fee is calculated based on the rental period and the value of the NFT being rented.

Platform fees are the fees charged by the platform to cover the cost of running and maintaining the platform. The fee percentage is 25% of the Rental fee.

The following table list the estimated gas fees for different RNTD actions:

Operation
Cost in eth

Lsit NFT

(104876 x gas fee) + Max Priority fee

Delist NFT

(35624 x gas fee) + Max Priority fee

Deploy RRW

(639022 x gas fee) + Max Priority fee

Renting NFT

(115107 x gas fee)* + Max Priority fee

Recall NFT

(48658 x gas fee)* + Max Priority fee

Withdraw lender balance

(30847 x gas fee) + Max Priority fee

*transaction fees can be affected by the NFT smart contract.

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