How do creators set royalty?
NFT creators receive a percentage of royalty on all resale transactions after the initial sale.
Select your profile picture and Select My collections
Go to your collection and select Edit Collection
The creator may set a royalty rate of up to 10% at his/her discretion, and the fee charged by the user for reselling your created NFTS will be deducted from the final purchase price in proportion to the royalty rate and paid monthly to the royalty payment address of your choice.
Royalty Address: The wallet address beginning with 0x where your royalty proceeds will be deposited.
You can also invite a partner to co-manage the collection. The partner has the rights to modify the collection Settings, create new collections, change the royalty payment address of the collection, etc.
Select Submit Changes to complete the setup.