As part of our ongoing efforts to enhance user experience and prevent inadvertent errors, we have implemented a robust 'floor price warning' system.

The floor price warning is a proactive measure to protect users from unintentional mistakes when setting the listing price for their NFTs. This feature comes into play specifically when users attempt to list their NFTs below the current floor price on Solana or Bitcoin Ordinals.

When users enter a price below the floor value, a warning prompt will appear, ensuring they are aware of their decision. This warning is prominently displayed in orange, making it easily noticeable. Importantly, the warning provides users with the exact percentage by which they are listing below the floor price.

By displaying a clear warning message, Magic Eden helps users avoid unintentional financial losses that may result from listing NFTs below the market floor. This ensures that pricing decisions are deliberate and well-informed.

Knowing that there is a safety net in place builds trust among our users.

Magic Eden is actively working on incorporating the floor price warning system into EVM chains, including Polygon, Base and Ethereum.