4.2 Protocol Utility and Fees

Protocol Fees

Faceet charges a minimal fee (e.g., 0.05% of the X402 transaction value) for minting and maintaining the SBT registry. This fee sustains the Listener Network and contract maintenance.

Token Utility

While detailed tokenomics are external, the protocol token serves to:

1. Fee Discount: Grant fee reductions on the SBT minting service.

2. Governance: Provide voting rights over core protocol parameters (e.g., supported blockchains, maximum SBT duration).