A field in Metaplex NFT metadata that specifies the creator royalty percentage on secondary sales, denominated in basis points (100 = 1%). For example, 500 means a 5% royalty split among the creators array according to their share percentages. Enforcement varies by marketplace—some honor royalties voluntarily, while programmable NFTs (pNFTs) enforce them at the protocol level.
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A field in Metaplex NFT metadata that specifies the creator royalty percentage on secondary sales, denominated in basis points (100 = 1%). For example, 500 means a 5% royalty split among the creators array according to their share percentages. Enforcement varies by marketplace—some honor royalties voluntarily, while programmable NFTs (pNFTs) enforce them at the protocol level.
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SPL assets, token standards, metadata, and NFT primitives.
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Seller Fee Basis Points (seller-fee-basis-points) Category: Token Ecosystem Definition: A field in Metaplex NFT metadata that specifies the creator royalty percentage on secondary sales, denominated in basis points (100 = 1%). For example, 500 means a 5% royalty split among the creators array according to their share percentages. Enforcement varies by marketplace—some honor royalties voluntarily, while programmable NFTs (pNFTs) enforce them at the protocol level. Related: Metaplex Token Metadata, Royalty Enforcement, Programmable NFT (pNFT)
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The Metaplex Token Metadata program (metaqbxxUerdq28cj1RbAWkYQm3ybzjb6a8bt518x1s) that attaches rich metadata to any SPL token or NFT. It creates a PDA-derived metadata account storing: name, symbol, URI (pointing to off-chain JSON), creators array, seller fee basis points, and collection info. The de facto standard for NFT metadata on Solana.
Mechanisms that ensure NFT creators receive their specified royalty percentage on secondary sales. After marketplaces began allowing royalty-optional trading in 2022-2023, Metaplex introduced programmable NFTs (pNFTs) with on-chain transfer rules that enforce royalty payments. Alternative approaches include economic incentives (rewarding royalty-paying holders) and social pressure. Royalty enforcement remains a debated topic in the NFT ecosystem.
A Metaplex NFT type (pNFT) that enforces creator-defined rules on transfers using an on-chain authorization rules engine. pNFTs always require the token record (state PDA) and must go through the Metaplex program for transfers, enabling royalty enforcement. Transfer rules are defined in a RuleSet account that can allow/deny based on program IDs, collections, or custom logic.
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A Token-2022 extension that automatically withholds a percentage of every transfer as a fee. The fee (basis points + max fee) is configured on the mint by the transfer fee authority. Withheld fees accumulate in recipient token accounts and can be harvested by the withdraw authority. Enables on-chain royalties for fungible tokens.
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The Metaplex Token Metadata program (metaqbxxUerdq28cj1RbAWkYQm3ybzjb6a8bt518x1s) that attaches rich metadata to any SPL token or NFT. It creates a PDA-derived metadata account storing: name, symbol, URI (pointing to off-chain JSON), creators array, seller fee basis points, and collection info. The de facto standard for NFT metadata on Solana.
Mechanisms that ensure NFT creators receive their specified royalty percentage on secondary sales. After marketplaces began allowing royalty-optional trading in 2022-2023, Metaplex introduced programmable NFTs (pNFTs) with on-chain transfer rules that enforce royalty payments. Alternative approaches include economic incentives (rewarding royalty-paying holders) and social pressure. Royalty enforcement remains a debated topic in the NFT ecosystem.
A Metaplex NFT type (pNFT) that enforces creator-defined rules on transfers using an on-chain authorization rules engine. pNFTs always require the token record (state PDA) and must go through the Metaplex program for transfers, enabling royalty enforcement. Transfer rules are defined in a RuleSet account that can allow/deny based on program IDs, collections, or custom logic.
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The original Solana Program Library token program (TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA) that implements fungible and non-fungible token operations. It manages mints (token definitions) and token accounts (balances). Core instructions include InitializeMint, MintTo, Transfer, Burn, Approve (delegation), and Revoke. All SPL tokens on mainnet before Token-2022 use this program.
Solana Program Library—a collection of on-chain programs and client libraries maintained by Solana Labs. Key SPL programs include Token, Token-2022, Associated Token Account, Memo, Name Service, Stake Pool, and Account Compression. SPL programs are deployed to well-known addresses and serve as the standard building blocks for Solana applications.
The next-generation token program (TokenzQdBNbLqP5VEhdkAS6EPFLC1PHnBqCXEpPxuEb) that extends SPL Token with configurable extensions. Extensions include transfer fees, confidential transfers, transfer hooks, permanent delegate, non-transferable tokens, interest-bearing tokens, metadata, and more. Token-2022 is backwards-compatible with SPL Token for basic operations.
An on-chain account defining a token type. A mint specifies: supply (total minted), decimals (0 for NFTs, 6 for USDC, 9 for most tokens), mint authority (who can mint), and optional freeze authority. Each unique token (USDC, JitoSOL, etc.) has exactly one mint account. Mint address serves as the token's unique identifier.