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OpenSea Introduces Proxy Contracts for Self-Serve Drops, Offering Up to 90% Cost Savings on Gas Fees

Cointime Official

NFT marketplace OpenSea has introduced proxy contracts for self-serve drops, which can provide significant cost savings for users.

By choosing the proxy option instead of the standard contract, users can potentially save up to 90% on gas fees. OpenSea estimates that this could amount to hundreds of dollars in savings.

Full thread:

As always, we believe in offering the broadest range of choices for creators when it comes to dropping on OpenSea.

Therefore, on all new collections moving forward, creators can choose between using the new proxy or the standard contract.

We hope this will help alleviate the financial barriers that creators encounter when dropping collections.

But, as always, we’d love to hear from all of you! Let us know what you think of this update!

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