• What is “Instant Liquidity”?

  To put it simply, it’s a brand new trading engine that allows you to trade ROYs instantly. This means that you are able to buy and sell ROYs in seconds! No more waiting for days for someone to buy your ROY offer - it’s a true game changer! The general trading experience is the same as with the “order book” engine - so you can continue trading as you did before. For those that are interested in technical details, the way it works is that when the talent intro is over, royaltiz essentially putsSome readers

• What is “Price Impact”?

  The price impact is the influence your particular trade will have on the ROY market price if executed. You will always see the estimated price impact before you submit your order. This applies for both buys & sells. Logically, the more you sell, the bigger negative price impact you’ll make and vice versa - the more you buy, the more you’ll push the price up. Remember, that the price impact shown will already affect your order, as the price changes at each and every ROY you buy/sell. Therefore, tFew readers

• Why some talent markets trade via the order book and others with Instant Liquidity?

  We are starting the roll-out of the new Instant Liquidity engine slowly, only with new talents to begin with, and as we gather feedback and usage data, we will start switching existing talents from the order book engine to the Instant Liquidity engine. Video explaining both concepts:Few readers

• Where does the money come from for the liquidity?

  As you know, the intro supply (or soft supply) is only a part of all ROYs that can be minted (max supply). As part of the talent launch, royaltiz will allocate a number of ROYs for liquidity, but it can never be higher than the difference between max supply and soft supply. In terms of the cash side of liquidity (EUR), most of it comes from royaltiz company funds.Few readers

• What is the "Total Liquidity Size"?

  The "Total Liquidity Size" is the total value of the ROYs and Euros in the Instant Liquidity pool. This value is specific to each talent. It is determined by royaltiz before the talent’s introduction and is automatically updated on the talent page in case of variation. Total Liquidity Size = (ROYs in the Instant Liquidity)*(current ROY price) + (Euros in the Instant Liquidity)Few readers

• Intro supply left

  The "Intro Supply left" is a data displayed before the introduction, during the pre sales period (the banner "Coming soon" is displayed on the talent’s page). It represents the amount of the Introduction supply updated live. This amount includes the ROYs bought before the introduction by VIP 2 users. The " Intro supply left " calculation: Intro Supply left = initial Intro Supply - Allocated ROYs purchased by VIP 2Few readers

• What is the slippage?

  The slippage is your buying tolerance related to the reference price. As the price can move significantly, the order is automatically cancelled if the price exceeds your % slippage. Initially, the slippage is set to 20%. However, you can decide to lower it, or increase it. The maximum slippage is 50%. In this case, your purchase will be potentially 50% higher than the displayed price. How to change the slippage ? Click on the settings button (top left) on the purchase screen. You can thenFew readers

• What is “Average Swap Price”

  The average swap price is an estimated price per ROY that your whole order will be executed at, already taking into account the size of your order and the price impact it brings. Please note that it does not include the slippage, which is influenced by other users trading at the same time, as explained above.Few readers