For 50% of all winning bids at a Fusu IDO
Auction, Sell Bids are automatically created at a 10% premium to the initial share price. These bids are valid for 7 days.
This was introduced in order to guarantee some liquidity and access to shares to "late comers" in the market.
There is no membership fee for Fusu. Investors only pay a transaction fee whenever they sell or buy shares. This fee is 1% of the transaction volume, with a maximum amount of $50 per transaction.