NFT marketplace OpenSea has introduced proxy contracts for self-serve drops, which can provide significant cost savings for users.
By choosing the proxy option instead of the standard contract, users can potentially save up to 90% on gas fees. OpenSea estimates that this could amount to hundreds of dollars in savings.
Introducing proxy contracts for self-serve drops!
— OpenSea (@opensea) March 16, 2023
Read: a much more affordable option when deploying your own contract — we estimate as much as ~90% savings 🤯
When choosing the proxy instead of the standard contract, you could save hundreds of $ in gas fees. See for yourself: pic.twitter.com/qupMesxvNS
Full thread:
As always, we believe in offering the broadest range of choices for creators when it comes to dropping on OpenSea.
Therefore, on all new collections moving forward, creators can choose between using the new proxy or the standard contract.
We hope this will help alleviate the financial barriers that creators encounter when dropping collections.
But, as always, we’d love to hear from all of you! Let us know what you think of this update!
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