Transaction Fees

Quick Guide to the NDAO Transaction Fee on Polygon

When you buy, sell, or trade NDAO tokens on the Polygon network, there's a small 1% fee on the transaction.

Think of it like this: For every 100 NDAO you trade, 1 NDAO goes towards supporting the NDAO project on Polygon.

Why this fee?

• Helps NDAO grow: The fee contributes to making NDAO better and keeping things running smoothly on Polygon.
• Keeps things going: It covers some of the costs involved in having NDAO on Polygon.

How it works:

• Buying: If you buy 100 NDAO, you'll pay for 101 NDAO in total.
• Selling: If you sell 100 NDAO, you'll receive the value of 99 NDAO.
• Trading: The 1% fee is automatically taken out when you swap NDAO for other tokens.

Important Note: This 1% fee is for the NDAO token itself. Polygon also has its own small fees (called "gas fees") to process transactions, but these are usually very low.

We believe this small fee helps us build a strong and sustainable future for NDAO on the fast and efficient Polygon network. Thanks for being part of it!