The layer two scaling solution, Polygon, has been included in the Seaport protocol implementation by OpenSea, the largest NFT market by volume.
OpenSea stated in June that it was abandoning the Wyvern protocol in favor of Seaport, an open-source marketplace protocol that has been examined by Web3 security companies OpenZeppelin and Trail of Bits. At the time, OpenSea claimed switching to OpenSea would result in an annual fee savings of $460 million.
“Starting today, we will begin using Seaport for all new listings and offers on Polygon! We’re excited to start using Seaport across multiple blockchains to improve the experience for everyone on OpenSea.”
Polygon support added to beat high Ethereum fees
The latest change was done in an effort to lower the price of Ethereum gas, make signature confirmation operations easier to read, and get rid of the necessity that new users pay an initial setup fee.
OpenSea announced the introduction of the new support in a blog post, stating that they were “happy to do so” after studying Seaport’s effects for several months and gathering helpful feedback. “We will add support for Klaytn and other EVM-compatible chains as well,” the statement continued.
Using Seaport on Polygon, according to OpenSea, allows for the introduction of a number of additional features, such as no listing thresholds, collection and attribute offer multiple creator rewards, and bulk transfers.
The capability to list and purchase on OpenSea using the Polygon network’s native token, MATIC, maybe the most significant new feature.
“As part of the shift to Seaport, OpenSea now supports using MATIC, Polygon’s native token, as a payment option. Anyone transacting on Polygon using OpenSea will now be required to pay for their own gas fees for transacting using MATIC.”
Other features include English and Dutch auctions, purchasing for another wallet, and native token support. etc.