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%