Contract Royalties
Opensea has a hard cap of 10% on collection royalties, which means there is currently an inconsistency of royalties across different platforms.
Looksrare is able to leverage EIP-2981, which allows us to set royalties directly on the contract, a feature we hope all platforms will eventually adopt. At this time contract royalties are set to 20% as previously voted by the DAO.
Please vote on how we should structure royalties across platforms in light of this inconsistency.
NOTES:
- Adjusting royalties on the contract will impact other platforms such as Zora & is only to accommodate Opensea.
- These adjustments can be reverted or adjusted at anytime
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xeEFC...Aeb69e | 4 | Leave unchanged |
0x028d...CFB0Ea | 3 | Adjust contract to 10% |
0xd6f6...A0Be52 | 2 | Leave unchanged |
0xD427...4E6628 | 2 | Adjust contract to 10% |
cyberduck | 2 | Adjust contract to 10% |
VOTE POWER
Proposal Status
- Fri January 28 2022, 10:00 amVoting Period Starts
- Sun January 30 2022, 10:00 amEnd Voting Period
Current Results
1-Adjust contract to 10%
100
2-Leave unchanged
20
