Open Market
App Call Fee
The openMarket app call fee varies depending on whether or not the Orderbook contract is already Opted-in to the underlying assets that comprise the market.
App Call Fee/ MBR Table
| # Opt-ins | Fee Amount (microAlgos) | MBR increase |
|---|---|---|
0 | 1_000 | 154_100 |
1 | 2_000 | 254_100 |
2 | 3_000 | 354_100 |
Orderbook Fee
To dicenentivize bad actors from abusing the openMarket mechanism, we are enforcing a minimum algo payment of 100 algo. This payment covers all the MBR requirements associated with opening markets with the excess being locked in the Orderbook contract indefinitely. The team behind Algodex has some ideas of what we will eventually do with the excess fees so make sure you stay tuned to find out more!