Relation between Royalties and Fees in the AMMs
Ultimately, they are distinguished by the beneficial party. Please refer to this destination chart
Beneficial party
User-defined fee
The user
Royalty
The NFT collection (addressed defined by the user
Flat fee (as percentage of trade)
Collection.xyz
Carry fee (as a percentage of user set trade fee, which is itself as percentage of trade)
Collection.xyz
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