Tournament Management & Fee Structure
Protocol Fees
Creation Fee
3 ₳ (3,000,000 lovelace)
Charged at tournament creation and sent to Anvil fee address
Settlement Fee
2 ₳ (2,000,000 lovelace)
Charged during tournament settlement and sent to Knights fee address
Participant Fees
Per-Participant Protocol Fee
1 ₳ (1,000,000 lovelace)
Charged for each participant during settlement
Tournament Entry Fee
Custom amount
Optional, can be set to zero for free tournaments
Fee Calculation Examples
Example: 16-Participant Tournament with 10 ₳ Entry Fee
Creation Fee: 3 ₳
Settlement Fee: 2 ₳
Per-Participant Fees: 1 ₳ × 16 = 16 ₳
Entry Fees: 10 ₳ × 16 = 160 ₳
Total Minimum Locked Value: 181 ₳
Refund Policy
If a participant cancels their registration before being added to the tournament:
- The complete entry fee amount is returned to the participant
- This is handled through the registration validator's 'Cancel' action
- Cancellation is only possible during Phase 1 of the registration process