OpenZeppelin released a new NFT royalties extension for Stellar's Soroban smart contracts, enabling developers to set up and earn royalties on NFT collections. The tutorial demonstrates how to deploy and configure the royalty contract on testnet.
OpenZeppelin has released a new extension for Stellar's NFT library that allows developers to implement royalties on NFT collections. The tutorial walks through deploying an example royalty contract on Soroban, configuring default royalty amounts in basis points, and using the royalty info function to retrieve receiver addresses and royalty amounts. Key points include that royalties are not enforced at the contract level but depend on NFT marketplace implementation, and that Stellar NFT marketplaces like Min are actively working on royalty system integration. The speaker emphasizes that while royalties may not be immediately available, these integrations will likely develop over time, providing artists and developers with rewards from secondary market trading volume.
