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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devForLife
@devforlife.eth
Agreed That would be great, but I think most people didn't realise it because of the amount of tip They use, 0.01, so 0.001 fees is basically invisible for them. It might work well let's see how Tipn Stands, as long as People are ok It's fine I guess lol You can read more about here, if you like. https://paragraph.xyz/@kompreni/appcoins
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