Have You Checked Your Gas Fee Expenditures?

in voilk •  3 months ago

    Hey, everyone! After performing many transactions over time, the fees add up. We checked the gas fees we have spent on Ethereum and Binance Smart Chain, and they are considerable.

    In this clip:

    • Swap cap in LeoDex to be raised after testing is complete
    • Liquidity is no longer an issue with streaming swaps
    • Gas fee costs over time

    LeoDex has a cap for transactions over $200, which allows us to conduct more testing. In this case, it's a usage test, so the more you use it, the faster we can raise the cap. Liquidity is not an issue, since we have streaming swaps.

    Consider the gas fees of the tokens you are trying to swap; for example, native ETH has high gas fees, while Arbitrum ETH gas fees are less than a penny.

    Gas fees for certain tokens can be really high, especially over time, with the cumulative amount for transactions on the lifetime of the address. I've spent over $10K on ETH gas fees, just from one address.

    Posted Using INLEO

      Authors get paid when people like you upvote their post.
      If you enjoyed what you read here, create your account today and start earning FREE VOILK!