10% community upkeep fee with explanations throughout

2025-11-07 15:51:32 -05:00
parent e20e33a0f6
commit de32b68ec4
8 changed files with 420 additions and 13 deletions
--- a/backend/utils/feeCalculator.js
+++ b/backend/utils/feeCalculator.js
@@ -1,6 +1,6 @@
 class FeeCalculator {
  static calculateRentalFees(totalAmount) {
-    const platformFeeRate = 0.2;
+    const platformFeeRate = 0.1;

    const platformFee = totalAmount * platformFeeRate;

@@ -15,7 +15,7 @@ class FeeCalculator {
  static formatFeesForDisplay(fees) {
    return {
      totalAmount: `$${fees.totalAmount.toFixed(2)}`,
-      platformFee: `$${fees.platformFee.toFixed(2)} (20%)`,
+      platformFee: `$${fees.platformFee.toFixed(2)} (10%)`,
      totalCharge: `$${fees.totalChargedAmount.toFixed(2)}`,
      ownerPayout: `$${fees.payoutAmount.toFixed(2)}`,
    };