← Back to Glossary
Finance
Commission
Fees paid to brokers and introducers for placing investors or facilitating trades — typically a percentage of the investment or transaction value.
Full Definition
Commissions on Sails.to are structured transparently:
- Primary placement (brokers) — Up to 5%: 3% issuer reward + 2% from platform's 6% distribution fee
- Secondary trading — 0.5% split: ⅓ platform, ⅓ buy-side broker, ⅓ sell-side broker
- Introducer referrals — 25% of Sails.to's platform fee on successful raises
All commissions are calculated and distributed automatically via smart contract — no manual invoicing or billing.
Why It Matters
Transparent commission structures align incentives between all parties. Brokers are rewarded for bringing quality investors. Introducers are compensated for successful connections. Issuers know exactly what they're paying for distribution.
Note: During soft cap phase, all fees are deferred. Brokerage fees and primary placement commissions are charged once soft cap is reached, deducted from proceeds. If soft cap fails, no fees apply.