Actions10
Calculate Collection Floor Price
AI-generatedOverview
This node operation calculates the floor price of an NFT collection on the PaintSwap marketplace. It determines the lowest price at which NFTs in the specified collection are listed for sale, including a tolerance percentage above the floor price to define a price range. This is useful for users who want to understand the minimum market value of NFTs in a collection with some flexibility for price fluctuations.
Use Case Examples
- A user wants to find the floor price of a specific NFT collection to decide on a buying strategy.
- An NFT trader uses the floor price calculation to set alerts for price drops within a certain tolerance range.
Properties
| Name | Meaning |
|---|---|
| Collection Address | Ethereum address of the NFT collection contract, used to identify the collection for which the floor price is calculated. |
| Tolerance Percentage | The percentage above the floor price to include in the floor price range, allowing for a flexible price range rather than a single floor price. |
Output
JSON
floorPrice- The calculated floor price of the NFT collection.floorPriceRange- The price range including the floor price plus the tolerance percentage.collectionAddress- The Ethereum address of the NFT collection for which the floor price was calculated.
Dependencies
- Requires an Ethereum JSON-RPC provider URL and optionally a private key credential for blockchain interactions.
Troubleshooting
- Common errors may include invalid or missing collection address, network connection issues to the Ethereum provider, or unsupported operations if the operation parameter is incorrect.
- Errors related to blockchain transactions or API calls may require checking the RPC URL and credentials configuration.