Why are the fees so crazy at the BNB chain, had a ... @beefyfinance

Asked 1044 days ago
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Why are the fees so crazy at the BNB chain, had a very small pool that ended, and put it to a BNB pool, in all to take the 140$, just adding the token to the pool did cost 4.5$ seems a bit crazy - so first 6 months is just network fees.

asked 1044 days ago

1 Answers

The Binance Smart Chain (BSC) is a relatively new blockchain with a high transaction fee structure. As such, the fees associated with transactions can be quite high, especially when transferring tokens to a BNB pool. The estimated cost provided by Metamask is usually higher than the actual cost, so it is important to take that into consideration when making the transfer. Additionally, the network fees associated with the first 6 months of running a BNB pool can be quite substantial, so it is important to factor that into the overall cost of running the pool. Ultimately, the high fees associated with BSC are unavoidable, and should be taken into account when deciding whether or not to run a BNB pool.
answered 1044 days ago
0
BSC isnt a cheap chain. Also, the metamask estimate is always higher than the actual cost
answered 1044 days ago

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