Create a Sell Pool

Limit sell your NFTs

Use Case #1: From Portfolio

1. Click "Portfolio".

2. Select the NFTs you want to sell, and click "List X items".

3. Next, set the parameters for the pool.

• Set a start price: Your start price is effectively the mid-price in trading terms, which will determine the buy and sell price of your NFTs.

#Tip: To optimize your trades, if your NFTs contain traits that are rare, we recommend setting your start price above the current floor price of the collection.

• Select a bonding curve type, and input the delta value.

  • At present, Collection.xyz supports 2 types of bonding curves i.e. linear and exponential. Both curves are parameterized by the delta. After a user trades with a pool, the pool consults its bonding curve to determine how the price of an NFT should change given the delta value.

  • The linear curve performs an additive operation to update the price. If the pool sells an NFT by giving out an NFT and receiving tokens, the next price it quotes to sell NFTs at will increase by a flat amount (known as delta).

  • The exponential curve performs a multiplicative operation where the delta acts as a multiplier function. If the pool has just sold an NFT by giving out an NFT and receiving tokens, the next price it will quote to sell NFTs at will increase by a percentage amount (known as delta).

• Set the royalty fee, and fee recipient’s wallet address. The setting of royalties is optional.

• If you would like to exclude NFTs that are marked as suspicious by Opensea, toggle on "Exclude Marked NFTs".

4. Review your pool settings and parameters.

5. Finally, click "Next" to initiate pool creation, and confirm the transaction in your wallet.

Use Case #2: General

1. To create a sell pool, click "Create pool" and "Sell NFTs".

2. Select the NFT collection from which you want to sell your NFTs.

3. Set the parameters for the pool and deposit your NFTs.

• Set a start price: Your start price is effectively the mid-price in trading terms, which will determine the buy and sell price of your NFTs.

#Tip: To optimize your trades, if your NFTs contain traits that are rare, we recommend setting your start price above the current floor price of the collection.

• Select a bonding curve type, and input the delta value.

• Set a trading fee percentage you would like to earn whenever a trade happens.

• Set the royalty fee, and fee recipient’s wallet address. The setting of royalties is optional.

• Set the number of NFT to deposit.

• If you would like to exclude NFTs that are marked as suspicious by Opensea, toggle on "Exclude Marked NFTs".

4. Review your pool settings and parameters.

5. Finally, click "approve and create pool" to initiate pool creation, and confirm the transaction in your wallet.