ANNOUNCEMENT:. Hello @everyone ,.
14 Nov 2023, 11:40
ANNOUNCEMENT:
Hello @everyone ,
Our team observed that transaction exploits still continue in the SOL realm despite our last increase in transaction fees. This is still due to the fact that the transaction fee we charge users in SOL are lower than actual on-chain cost, resulting in bad actors exploiting these fees, increasing server load, and congesting transactions.
To combat this, the transaction fee from Spending Account to Wallet (for SOL Realm only) will be adjusted as shown below, effective on November 15, 2023 8:00 AM, UTC.
For token transfers from Spending to Wallet:
5 GST ----> 10 GST
For shoebox transfers from Spending to Wallet (regardless of quality):
5 GST ----> 15 GST
For sneaker transfers from Spending to Wallet:
5 GST ----> 15 GST (COMMON)
10 GST ----> 20 GST (UNCOMMON)
20 GST ----> 30 GST (RARE)
50 GST ----> 60 GST (EPIC)
In the future we may continue to change the transaction fee dynamically to prevent such malicious arbitraging activities.
We apologize for any inconvenience this may cause, and we thank you for understanding.
Same news in other sources
1STEPNGMT #154
14 Nov 2023, 11:48
ANNOUNCEMENT:
Hello @everyone ,
Our team observed that transaction exploits still continue in the SOL realm despite our last increase in transaction fees. This is still due to the fact that the transaction fee we charge users in SOL are lower than actual on-chain cost, resulting in bad actors exploiting these fees, increasing server load, and congesting transactions.
To combat this, the transaction fee from Spending Account to Wallet (for SOL Realm only) will be adjusted as shown below, effective on November 15, 2023 8:00 AM, UTC.
For token transfers from Spending to Wallet:
5 GST ----> 10 GST
For shoebox transfers from Spending to Wallet (regardless of quality):
5 GST ----> 15 GST
For sneaker transfers from Spending to Wallet:
5 GST ----> 15 GST (COMMON)
10 GST ----> 20 GST (UNCOMMON)
20 GST ----> 30 GST (RARE)
50 GST ----> 60 GST (EPIC)
In the future we may continue to change the transaction fee dynamically to prevent such malicious arbitraging activities.
We apologize for any inconvenience this may cause, and we thank you for understanding.
ANNOUNCEMENT:. Hello @everyone ,.
ANNOUNCEMENT:
Hello @everyone ,
Our team observed that transaction exploits still continue in the SOL realm despite our last increase in transaction fees. This is still due to the fact that the transaction fee we charge users in SOL are lower than actual on-chain cost, resulting in bad actors exploiting these fees, increasing server load, and congesting transactions.
To combat this, the transaction fee from Spending Account to Wallet (for SOL Realm only) will be adjusted as shown below, effective on November 15, 2023 8:00 AM, UTC.
For token transfers from Spending to Wallet:
5 GST ----> 10 GST
For shoebox transfers from Spending to Wallet (regardless of quality):
5 GST ----> 15 GST
For sneaker transfers from Spending to Wallet:
5 GST ----> 15 GST (COMMON)
10 GST ----> 20 GST (UNCOMMON)
20 GST ----> 30 GST (RARE)
50 GST ----> 60 GST (EPIC)
In the future we may continue to change the transaction fee dynamically to prevent such malicious arbitraging activities.
We apologize for any inconvenience this may cause, and we thank you for understanding.