NFT marketplace Magic Eden has submitted a proposal to the ApeCoin DAO to create a marketplace for $APE holders. APE token holders can buy and sell NFTs with a 0.75% transaction fee.
We aim to change that, the company said, and the ApeCoin DAO marketplace will slash fees, provide sustainable utility for ApeCoin, and provide a platform through which the community can launch their own projects and initiatives.
Magic Eden proposes a 1.5% fee per transaction, a 0.5% discount on all transactions made with ApeCoin, and an additional fee for transactions made by Bored Ape Yacht Club, Mutant Ape Yacht Club, and Bored Ape Kennel Club NFT holders Offers a 0.25% discount.
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