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deprecated

[2022-10-27][V1] Deprecation of order strategies

about 2 years ago by Ken

🚧

DEPRECATION NOTICE

Starting from November 10 (2 weeks from now), you won't be able to use the old strategies when creating orders. We strongly recommend migrating to new strategies as soon as possible.

Here are the strategies terminologies:

  • Old strategies: the strategies you have been using so far since the launch of LooksRare, which are now deprecated.
  • New strategies: the strategies we released today.

Public API Update

New strategies are released, and the old ones are deprecated.

Following today's announcement (LooksRare Offers Zero Royalty Trading While Supporting Creators), LooksRare released a new set of strategies.

  • Until November 10, you will still be able to use the old strategies when creating orders or filtering by strategy.
  • From November 10, you won't be able to create orders with old strategies anymore. However, you can still continue to query orders with old strategies.

You can find the new strategies addresses at the end of this post or by updating the @looksrare/sdk to the latest release. LooksRare SDK on GitHub

More details

Why are there new strategies being released?

The strategies define what the protocol fee for each trade should be. To implement the new change, we released 2 new strategies; one for standard sales and the other one for collection offers.

Old strategies: 2% protocol fee
New strategies: 1.5% protocol fee

Important: On top of the protocol fee, if a collection has royalties set, your trade will incur an additional 0.5% collection rebate. That is independent of what strategy you use. Therefore when using old strategies, you should expect up to 2.5% total fees per trade.

Affected strategies:

Mainnet

New:

STRATEGY_STANDARD_SALE: 0x579af6FD30BF83a5Ac0D636bc619f98DBdeb930c
STRATEGY_COLLECTION_SALE: 0x09F93623019049c76209C26517AcC2aF9d49c69b

Deprecated:

STRATEGY_STANDARD_SALE_DEPRECATED: 0x56244Bb70CbD3EA9Dc8007399F61dFC065190031
STRATEGY_COLLECTION_SALE_DEPRECATED: 0x86F909F70813CdB1Bc733f4D97Dc6b03B8e7E8F3

 

Goerli

New:

STRATEGY_STANDARD_SALE: 0x6ACbeb7f6E225FbC0D1CEe27a40ADC49E7277E57
STRATEGY_COLLECTION_SALE: 0xAfb81825DC076500BF19CBf69d443684F2EBd3f6

Deprecated:

STRATEGY_STANDARD_SALE_DEPRECATED: 0xc771c0A3a7d738A1E12Aa88829A658bAefb32f0f
STRATEGY_COLLECTION_SALE_DEPRECATED: 0xeF722abf61a1937E76DAcFcd58d51c2358dE7D1A

 

See the LooksRare SDK Addresses to find the currently deployed contracts.