Knoqnoq Forum: Everything You Want to Discuss, Most Discussed in India
Search
Reply: 4

SKALE Chain Pricing live on mainnet; payments start Feb 1.

[Copy link]

644

Threads

1631

Posts

110K

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
16313
Post time 18-1-2024 11:24:49 | Show all posts |Read mode
The Ethereum sidechain SKALE has announced that SKALE Chain Pricing is now live on the mainnet. SKALE Chain Pricing is the second stage in SKALE's three-stage economic model transformation. SKALE does not charge end-users gas fees but instead collects fees for the use of the chain to compensate validator nodes and stakers. This stage aims to align SKALE Chain pricing with the profitability of validator hardware and set a target load price. Under this model, each chain is expected to pay out 1 million SKL tokens annually when the network load is at 70%. The pricing is based on a sliding scale, and the first payment is scheduled for February 1st.
Reply

Use magic Report

214

Threads

1726

Posts

9249

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
9249
Post time 18-1-2024 15:04:57 | Show all posts
This is about to happen soon.
Reply

Use magic Report

270

Threads

1658

Posts

110K

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
10093
Post time 18-1-2024 18:19:14 | Show all posts
Be cautious; it might be another situation with unclear information.
Reply

Use magic Report

305

Threads

1154

Posts

9841

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
9841
Post time 18-1-2024 18:28:57 | Show all posts
Payment will be convenient.
Reply

Use magic Report

104

Threads

1969

Posts

7723

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
7723
Post time 18-1-2024 22:19:58 | Show all posts
It seems that mainnet payments will be available soon.
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

Quick Reply To Top Return to the list