Mint Fees: What does upgrading my contract do?

Edited

If you created your collection before August 7th, 2024, you can upgrade your contract to the latest version to adopt our new fee structure, include a new version of our Protocol Rewards, and add a new Secondary Market feature.

What changes for my collection?

This upgrade will affect the structure and price of the mint fee and introduce a new Secondary Market feature for your collections. 

New Mint Fee and Rewards Structure

With the v2.12.3 contract upgrade, any new tokens created will use our new Protocol Rewards structure and fee.

Here is a breakdown of the new structure and fees:

New Protocol Rewards Structure (As of v2.12.3 upgrade)

Total: ✧111 Sparks (0.000111 ETH)

Creator Rewards: ✧55 Sparks (0.0000555 ETH)

Mint Referral Rewards: ✧22 Sparks (0.0000222 ETH)

Create Referral Rewards: ✧11 Sparks (0.0000111 ETH)

Secondary Market Fee: ✧11 Sparks (0.0000111 ETH)

Zora Fee: ✧11 Sparks (0.0000111 ETH)

New Secondary Market

With the v2.12.3 upgrade, we are introducing a new Secondary Market feature. The Secondary Market will begin at the end of your token's minting period, unlocking the ability to swap them anytime.

With this new feature, our existing secondary market will be deprecated, and OpenSea listings will no longer be available through Zora.

To learn more about Secondary Markets on Zora, visit our “
Secondary Markets” section.


Need help or have some questions?

For further help, contact our support team via our help centre or tag us on X (formerly Twitter) and Farcaster.