Gas and Fees
Gas is a unit of computational cost for processing a transaction. This has two main purposes in that it enables to make sure transactions not consuming too much computational resources and to prevent unnecessary spamming from the users.
Gas fee is calculated by The minimum amount of
Gas Amount is determined according to the transaction. There are the recommendations of Gas Amount for the kinds of transactions. For example, for a transaction of deposit and claim, the recommended gas is 200,000while 3,000,000 is recommended for liquid staking. Any transaction that does not meet both the minimum
Gas Amount and the minimum Gas Fee will not be processed. The minimum Gas Fee in Crescent Network is set by each validator, where only transactions including more than the minimum Gas Fee will be included in a block proposed by the validator.
Crescent DEX requires no trading fees until a reasonable, justified cause is presented.
For either creating a coin pair or creating a pool, the fee is
100 CRE.
Last modified 1yr ago