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Relation between Royalties and Fees in the AMMs
Ultimately, they are distinguished by the beneficial party. Please refer to this destination chart
Text | 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 |
Last modified 10mo ago