Seller Degen Level

Seller can level up their degen level by hosting more auctions with MonkeyBids. The higher the degen level, the lower the fee on the platform. Here is the breakdown of the transaction fee and auction fee for different degen levels.

Level

Auction Required

Bidding Required

Transaction fee on Settlement

Auction Fee on Bidding Revenue

1

n/a

n/a

10%

40%

2

3

300

9%

38%

3

6

600

8%

35%

4

25

2,500

7%

32%

5

150

15,000

6%

30%

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