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NewsNFT AMM Protocol sudoswap Launches V2, with New Features Like On-chain Royalties

NFT AMM Protocol sudoswap Launches V2, with New Features Like On-chain Royalties

Jun 09,2023,03:35

NFT AMM protocol sudoswap announced that its V2 is live, which introduces new features including on-chain royalties, custom creator settings, and more.

On sudoswap v2, royalties are built entirely on-chain. Any NFT collections minted on a selection of platforms, including SuperRare, Rarible and others, or inheriting ERC-2981 are automatically supported. Other collections can use the Manifold Royalty Registry to set up royalties.

V2 also introduces Creator Settings, allowing creators to offer a reduced royalty for LPs that adhere to conditions set by creators, like sharing part of their trading fees with them.

In addition, V2 adds full support for ERC-1155 assets, and introduces conditional orders and fee streaming features. Meanwhile, fees are lowered on V2, with creating a new pool 15%-20% cheaper gas-wise, and transaction fees for buying and selling 5%-25% cheaper.

 

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