Implement token fees with contracts - Algorand
Implement token fees with contracts
post by Obi on Jul 4, 2022
How do I integrate a smart contract with my token to implement token fees.
thanks
post by fabrice on Jul 5, 2022
Do you mean royalty payments for each transfer of a token?
If yes, you can use
This is for NFT, but we can imagine extending it to other tokens.
Note however that using such a mechanism prevents normal wallets from easily transferring the token (until the wallets adopt the standard). You would only be able to transfer the token by a specially crafted dApp (which is not too much of an issue in many cases).
post by Obi on Jul 5, 2022
you are a good man @fabrice
post by Maugli on Jul 6, 2022
@Obi – Fabrice is a woman.
Yes, you are very kind and helpful, Fabrice!
Fabrice wrote: “Actually, I’m a man ” – I am sorry.
Yes, according to Wikipedia: Fabrice is a French masculine given name.
post by fabrice on Jul 6, 2022
Actually, I’m a man