LooksRare V2 version is launched, which will reduce protocol fees and gas fees, and allow batch trading of NFTs

2023-04-07 08:23:06
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ChainCatcher message, the NFT marketplace LooksRare has released an official blog announcing the launch of version V2, aimed at further reducing platform protocol fees and gas fees to compete with Blur and OpenSea Pro.

According to information disclosed by LooksRare, the protocol fee for LooksRare V2 will be significantly reduced by 75% (from 2% to 0.5%), and gas fees will be cut by 50%. Sellers will also receive ETH directly instead of the previous WETH.

In addition, LooksRare stated that the new version allows for the bulk listing and purchasing of over 70 types of NFTs in a single transaction, and transactions will support reusable signatures. (source link)

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