Based on the terms of the treaty, the Venetians were allowed to keep Ulcinj, Antivan, and Durrës. However, they ceded Shkodra (which had been under Ottoman siege for many months), as well as other territories on the Dalmatian coastline, as well as relinquished control of the Greek islands of Negroponte (Euboea) and Lemnos. Moreover, the Venetians were forced to pay 100,000 ducat indemnity[1] and agreed to a tribute of around 10,000 ducats per year in order to acquire trading privileges in the Black Sea.