# Payouts & Commission

## How Commission Works

Blocksmiths takes a platform fee from each sale. The remainder goes to the vendor.

**Default platform fee: 10%**

For example, on a 100 USDC sale:

* Platform receives: 10 USDC
* Vendor receives: 90 USDC

The fee is deducted automatically at the time of each transaction. There is no manual invoicing.

## Payout Wallets

You configure your payout wallet addresses during the vendor application process, and can update them from your vendor settings at any time.

You can set separate addresses for:

* **EVM chains** — used for payouts from Ethereum, Base, and Polygon sales
* **Solana** — used for payouts from Solana sales

Payouts go to the wallet that matches the chain the buyer paid on.

> Make sure to set wallet addresses you fully control. Blocksmiths cannot reverse or redirect payouts sent to a configured address.

## Payout Schedule

Payouts are recorded on-chain at the time of each sale. The timing of when funds are transferred to your wallet depends on the payout schedule configured by the platform operator.

Check your **Vendor Dashboard → Payouts** for a history of all pending and completed payouts.

## Payout History

From the payouts section of your dashboard you can see:

* Each payout amount and status
* The sale it corresponds to
* The chain and wallet it was sent to

## Tax and Compliance

Blocksmiths does not withhold taxes or report earnings to any tax authority. You are responsible for tracking your income and complying with any tax obligations in your jurisdiction.


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