Every DripDropz transaction includes a small fee per user withdrawal. Withdrawal fees are the only revenue DripDropz receives and are required for sustaining DripDropz operations. Here is a breakdown of how the fees are applied:
Withdrawing Single Token
- • You will be asked to send a payment of 3 ₳DA
- • Approximately 1.3 ₳DA will be returned to you (to cover the minUTXO)
- • The remaining 1.7 ₳DA will be used to pay the Cardano transaction fee + Phyrhose processing fee + DripDropz service fee
Withdrawing Multiple (e.g. 10) Tokens
- • You will be asked to send a payment of 5 ₳DA
- • Approximately 3.1 ₳DA will be returned to you (to cover the minUTXO)
- • The remaining 1.9 ₳DA will be used to pay the Cardano transaction fee + Phyrhose processing fee + DripDropz service fee
Please note; the above are nominal examples — we cannot give an exact figures because the Ada needed for minUTXO varies depending on the token name length, and we try to bundle withdrawals together to save on cardano transaction fees, so every withdrawal cost/fees will always be dynamic.