Renewal Fee
Every Alias is bound to a renewal subscription. Every time a new alias is registered, a subscription is created with a deadline of 3 months (7776000 seconds) and a value of 12.5 Signa. This subscription works similarly to a regular Signum subscription. When it expires, the payment gets executed, and a new deadline gets set.
If the Alias gets deleted, the chain will automatically cancel any active private or public sale for this Alias.
If the Alias has no TLD set (but using the default .signum) or is one of the default STLDs, the amount paid by the renewal transaction gets burned along with the subscription fee. If an Alias uses aCustom STLD, the renewal amount gets distributed to the current owner of the STLD, and the subscription fee gets burned.