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Configure the fee model of your Arc application.
Transfer and Settlements between users are subject to fees applied by the respective Application. Arc allows their applications to configure the applied fees based on the transacted Asset and type of Transaction.
Fee configuration on an asset level will be enabled during the course of the private Testnet.
To add a new fee configuration, refer to the following endpoint:
Configure Fee Model
If successful, this endpoint will return new Fee configuration details.
Beware that if no fee is configured for a specific asset, transaction type, or a combination of both, no fee will be collected for these uncovered transactions.
To fetch the details of a specific fee configuration, refer to the following endpoint:
Get Fee Model