> For the complete documentation index, see [llms.txt](https://docs.niftykit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.niftykit.com/nft-collections/our-smart-contracts/royalties.md).

# Royalties

Setting Your Royalties

The wallet to receive royalties from secondary marketplace sales can be set here when you create a new smart contract.&#x20;

`Wallet Address or Revenue Split to Receive Secondary Sales`

<figure><img src="https://3542085034-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FyrUuRLqblqKRfJtuslV7%2Fuploads%2FOrzA2KyhqOooZzZVclF2%2Fimage.png?alt=media&amp;token=85a6156e-f9c4-4104-aeac-2a86630eadd6" alt=""><figcaption></figcaption></figure>

You can use a single address, or choose a Payment Splitter to set as the wallet address to receive royalties.&#x20;

{% hint style="info" %}
This **cannot be changed** once the smart contract is created.
{% endhint %}

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