Yes! In the Settings > Preferences section, you'll find a toggle to edit the maximum discount you'd like to allow for customer offers.

As the name indicates, this is a control option to choose how low customers can go when making offers. Assuming an example product listed for $100, a maximum offer discount of 60% would mean the lowest possible offer for that product would be $40 ($100 - 60%).

This option is set to 50% by default.

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