> 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/setting-royalties-on-nft-marketplaces.md).

# Setting Royalties on NFT Marketplaces

EIP-2981 Royalty Standard Smart Contracts created with NiftyKit (as of April 3, 2022) use the EIP-2981 Royalty Standard. EIP-2981 is a standardized way to retrieve royalty payment information for non-fungible tokens (NFTs) to enable universal support for royalty payments across all NFT marketplaces and ecosystem participants.

->  <https://eips.ethereum.org/EIPS/eip-2981>