Primate You have no clue what you are talking about. I just contacted an editor, they don't offer Fixed Rate contracts, only Royalty contracts. Moreover, I explained to you the difference, and the editor confirmed that too. With fix rate contract, you are creating the content for webnovel, and get paid by creation. Royalty contract is what I told you. You get monthly royalties as long as its over $200, and you will get them pretty much until the copyright expires (pretty much your lifetime). As long as your book makes money, you will get royalties. That is the difference between those two contracts. So don't tell me I have a FRC, when I have royalty contract on my hands. And they don't supply FRCs, that is what an editor said.
In both cases you grant them copyright. You have to grant them copyright, because otherwise you'd be able to fuck them in their assess, and they wouldn't be able to do anything about it. There are different copyrights rights (or licenses) you can grant. You obviously don't know that, otherwise you wouldn't write such nonsense. I urge you to go and seek legal advice before you sign anything, so that later you don't cry. To the rest, don't listen to this guy. Ask an editor if in doubt, not some user who talks rubbish.