OpenSea’s fee for primary drops is 10% of the sale price for each NFT minted, which is automatically configured as part of the drop setup.
After you’ve set up your drop schedule, click the Earnings section on the left side of the page and add your payout wallet address. ENS domains are not supported at this time.
The recipient address you’ve specified will receive the remaining 90% of the primary mint sale price for each item.
Creator earnings on secondary market sales
Your contract supports the EIP-2981 on-chain royalty standard for your preferred secondary market creator earnings settings to be discovered on-chain. To set this, call setRoyaltyInfo(yourRoyaltyAddress, bps) with bps being basis points out of 10,000. For example, 5% creator earnings on secondary sales would be 500 bps. OpenSea will ingest updates to these settings and it will overwrite your creator earnings set directly on OpenSea.
