Welcome to DEFIT | Decentralised Fitness Club
  • Overview
  • Getting started
  • Game-Fi Elements
    • Game Modes
    • FiT Bags
    • Babyfit
    • Squad
    • Unifit (Coming next)
    • Olympian (Coming next)
    • Badges (Coming soon)
    • Challenges (Coming soon)
  • Game-Fi Systems
    • Earning Cap/Mechanics
    • Energy system
    • Tax, Fee, Discount System
  • Social-Fi Systems
    • Introduction
    • Teams
    • Tipping System
  • Marketplace
  • Tokenomics
  • Official Links
    • Website
    • Twitter
    • Telegram
    • Discord
    • Strava
    • Medium
    • LinkedIn
  • How to
    • Connect my Web3 Wallet
      • Wallet Android user
      • Wallet IOS user
    • Record my Fitness activities
      • Connect my wearable
        • Garmin
        • Suunto
        • Polar
        • Wahoo Fitness
        • Zwift
        • Apple Watch
        • Samsung Galaxy Gear
        • Withings
      • In-App Mobile Tracker
    • Add Polygon main net to Metamask
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  • Tax and Fees
  • Elite Members Discounts
  1. Game-Fi Systems

Tax, Fee, Discount System

Tax and Fees

Token deposit and withdrawals

You will be able to deposit and withdraw cryptocurrencies between your web3 and game wallet. Some fees will be applied to these transactions as indicated below.

Deposits
Fee

DEFIT

2%

MATIC

2%

Withdrawals
Fee

DEFIT

1 Matic or 5% whichever is greater

MATIC

2%

NFT trading

The game will charge different tax and fee to various NFT In-app Activities as indicated:

NFT sale
Tax %

Platform Fee

6

Royalty Fee*

6

* While the Platform fee will be used for ensuring continuity of the project operations, the Royalty Fee is payable to the NFT creators.

Elite Members Discounts

DEFIT Club Members will benefit from exclusive discounts as indicated:

NFT purchase in-app
Discount %

Bronze

2%

Silver

3%

Gold

4%

Platinium

6%

Diamond

10%

Additionally DEFIT Club Members will benefit from reduced NFT sale fees as indicated:

NFT Secondary sale in-app
Reduced Fee %

Bronze

2%

Silver

3%

Gold

4%

Platinium

6%

Diamond

10%

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Last updated 2 years ago