mvr š¹
@mvr
Every $10 I tip with @tipn costs me $1 in gas. Doesnāt matter if itās one $10 tip or 1,000 tips of $0.01, the fee is the same. Current Base fast transaction fee? Around $0.00034. Tipnās per-tip gas fee? $0.001 min If you're tipping $0.01, you're paying 3x more in gas than what a fast transaction actually costs right now. If you tip $1, you're paying ~30x more than needed. Batching would make this even cheaper I thought we were fleeing credit card fees. At least we know who's funding those staking rewards.
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devForLife
@devforlife.eth
There's more to that , When you buy or sell $TIPN token you will see a big price difference, According to founder he said 3% of fees is charged for buying selling and Some goes to maintenance of the app and most of that 3% fees is used to Reward the Stakers. So Basically, It's a pretty decent flywheel Where You earn Constant Usdc for staking and I think The tipn rewards we get for tipping Is also more for stakers than regular tipn users according to my experience.
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mvr š¹
@mvr
Guess we could swap other pools for lower fees? But it's interesting how the flywheel works indeed
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