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