How are the chances for a review of Cake withdrawal

Question

How are the chances for a review of Cake withdrawal

fees to ERC20? Specifically USDT, USDC and EUROC. The current fees of $/€ 50 are prohibitive.
And ERC gas fees have been declining for the last week.

0

26.05.2023

3 ответов

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Phil Автор вопроса

DanieL BaptistA
Hi! Fees are dinamic and adjusted fresquently cons...

Wait. BTC withdrawals to ERC20 were adjusted? A withdrawal to ERC20 is a withdrawal to ERC20 - regardless of the coin. A withdrawal for other coins wouldn't cost more. Why would they not adjust ALL coins withdrawn to ERC20 at the same time?

0

26.05.2023

DanieL BaptistA

Phil
Wait. BTC withdrawals to ERC20 were adjusted? A wi...

No, BTC withdrawals, single 😅 I'm not talking about wrapping neither swaps. Just withdrawal, plain simple. And yes, they were high also, due to the congested network. They averaged some time lowering, and then Cake revised them again to a lower value. Same will eventually happen with ERC-20, Cake is always monitoring the fees

0

26.05.2023

DanieL BaptistA · Accepted Answer

DanieL BaptistA

Hi! Fees are dinamic and adjusted fresquently considering market conditions. If the ERC-20 average fee gets lower in time in a sustainable manner, Cake will revise it for sure, as always. It happened already this week with BTC.

0

26.05.2023

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How are the chances for a review of Cake withdrawal

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