What are the fees on mainnet?

Question

Telos Community

chiuzon / wgmi

What are the fees on mainnet?

#blockchain #cryptocurrency #english #telos

0

26.10.2021

10 ответов

16 просмотров

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

Actually, we raised the prices at the beginning because we see a ton of spam on EVMs that are too cheap. So a regular token transfer will be 1 cent and a basic swap is about 3 cents. A complex swap could be up to 7 cents in the current model. But we have retained some pricing power so they don't have to scale up linearly as the TLOS price rises.

0

26.10.2021

chiuzon / wgmi Автор вопроса

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
Actually, we raised the prices at the beginning be...

Ouch expensive than ftm

0

26.10.2021

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

chiuzon / wgmi
Ouch expensive than ftm

Better than getting a ton of spam at the beginning. We are cautious. That is our way.

0

26.10.2021

MM DOOM

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
Actually, we raised the prices at the beginning be...

How much to mint nft? Erc-721?

0

26.10.2021

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

We saw a lot of EVMs lately with very low tx prices inviting ddos attacks. We don't want to start off that way. Another platform just increased their tx price 30x overnight because if this. So we are being cautious in the beginning to leave ourselves some room to drop the price.

0

26.10.2021

chiuzon / wgmi Автор вопроса

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
We saw a lot of EVMs lately with very low tx price...

It wasn't because of the ddos :)) in polygon the vc set the fees, so was done to pump the token. Kinda expected that from polygon

0

27.10.2021

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

chiuzon / wgmi
It wasn't because of the ddos :)) in polygon the v...

Oh really? I had read that they were getting hit with lots of free spam txs, which is logical. Similar to Solana's crash. We basically don't want to invite attacks just as we are starting. I also think there's more long term value in the users understanding that fees & token price don't have to scale linearly.

0

27.10.2021

chiuzon / wgmi Автор вопроса

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
Oh really? I had read that they were getting hit w...

Yeah I understand that. But they could just x20 the fees or X10 an they would stop the ddos

0

27.10.2021

MM DOOM

chiuzon / wgmi
Yeah I understand that. But they could just x20 th...

They did increase the fees

0

27.10.2021