When was the withdraw fee for btc updated to 0.0025?

Question

Bake EN (official)

Dan Vo

When was the withdraw fee for btc updated to 0.0025?

It used to be just 0.0005. I didn't see any announcements

0

09.05.2023

8 ответов

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Dan Vo Автор вопроса

默默啃书小凳子~
Hmm, just 1 day ago according to the link above

Sneaky... I guess it was coupled with the earn discontinuation, they were prob anticipating those leaving the system

0

09.05.2023

默默啃书小凳子~

Dan Vo
Sneaky... I guess it was coupled with the earn dis...

Hmm, i believe that you think too much, currently BTC have high transaction fee than before https://ycharts.com/indicators/bitcoin_average_transaction_fee

0

09.05.2023

Dan Vo Автор вопроса

默默啃书小凳子~
Hmm, i believe that you think too much, currently ...

Yeah I shouldn't think too much. Just a coincidence 😉

0

09.05.2023

DanieL BaptistA

Dan Vo
Sneaky... I guess it was coupled with the earn dis...

Garanteed it's not. Earn was going to be terminated, was already comunicated 2 months ago. As for the fees, they are coupled with the transactions costs of the respective blockchains, in the case BTC. And BTC has been having record costs in transaction fees lately, in case you missed, BTC fees are 63% more expensive in the last 24h, the second greatest value in it's history. It has nothing to do with Cake. Unfortunatelly, transactions costs are not controled by Cake.

0

09.05.2023

Dan Vo Автор вопроса

DanieL BaptistA
Garanteed it's not. Earn was going to be terminate...

Yes I knew about fees. But didn't hear any announcements from cake the fees were being reviewed. Of course cake should increase to cover costs, but they should've put the announcement in discord or telegram

0

09.05.2023

DanieL BaptistA

Dan Vo
Yes I knew about fees. But didn't hear any announc...

I'll enquire internally if this was forgoten, indeed, everytime Cake needs to increase fees, as well as reduce them always makes a communication. Thanks for the feedback! Honestly and seeing such a sharp increase in fees on the BTC network, I guess that the increase needed to be done on the clock and the announcement lagged.

0

09.05.2023

Dan Vo Автор вопроса

DanieL BaptistA
I'll enquire internally if this was forgoten, inde...

👍

0

09.05.2023

默默啃书小凳子~ · Accepted Answer

默默啃书小凳子~

Hmm, just 1 day ago according to the link above

0

09.05.2023

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When was the withdraw fee for btc updated to 0.0025?

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