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jacob
@jacob
Today, we released a major upgrade of the @zora protocol. We are bringing secondary markets onchain with @uniswap to unlock more value for creators and collectors after a mint. When the mint ends, the market begins. It's like magic.
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jacob
@jacob
Our goal is to build the most rewarding place to create and collect on the internet. This means pairing the most efficient minting models with the most simple user experience possible. This requires constant iteration and evolution at the protocol level.
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jacob
@jacob
By pairing Zora's and Uniswap, we are able to introduce a new era of creator royalties called Secondary Rewards. Every time a collector buys and sells on Uniswap, the creator will earn a percentage of that sale via the LP fees. These are onchain and can't be removed.
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Alemac
@alemac
It means that if one of my collectors trade coins on uniswap I received a reward?
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Jilt 🎩
@jilt
I still need to read the blog but afaik means that if one of your collectors trade your nft on uniswap you receive a rewards in the form of claimable liquid pool rewards, the most direct nft-defi relationship I know, kudos @zora
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Alemac
@alemac
It sounds more reasonable! Thanks Jilt for answering!
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