This is identical to multiple collection offers with different prices. But instead of inputing the prices one by one, you only need to describe your entire buy-side LP in the following terms: (A) pricing curve type (linear or exponential) (B) the highest buy price on the curve (C) the number of single buy orders on the curve (D) the incremental delta amount on the curve which is the difference between two consecutive price values on the curve in terms of a percentage change (in case of an exponential curve) or a additive amount (in case of a linear curve) - going from lowest to highest. (E) whether you want to require royalty payment on each sale.
Let’s go though a simple example with the following values as the input:
(B): 10.5 SOL
(C): 5 items
(E): Royalty-payment enabled
- The above prices are the net amount that is paid from the buy-side LP to the seller for each transaction with your buy-side pool in order from right to left.
- So at the time of creating this buy-side LP, the LP creator has to pay the sum of these five values (8.64+...+10.5) to be locked in the buy-side LP.
- To budget the payment of royalty amounts (in case the LP creator enables royalty payment) and other marketplace fees, our marketplace will calculate an adjusted price (lower than these net numbers) to show to the potential sellers. The difference between these two numbers will be used to pay for royalty amounts and other marketplace fees.