To ensure efficiency and affordability, GAYA implements a dynamic gas fee model that adjusts based on network demand. This model allows users to pay optimized gas fees for transactions and smart contract executions while ensuring that validators are compensated fairly for network support.
Dynamic Gas Adjustments: During times of high network demand, GAYA’s gas fee model adjusts dynamically to prioritize essential transactions, helping to manage congestion. Conversely, during low-demand periods, gas fees are reduced to encourage platform activity and lower transaction costs, promoting a more accessible ecosystem.
Fee Prioritization: Transactions can be prioritized based on the offered gas fee, allowing urgent or high-value transactions to be processed quickly. This flexibility ensures smooth network operations and a responsive user experience, regardless of activity levels, by incentivizing users to balance cost and transaction speed as needed.
Long-Term Efficiency: Over time, GAYA’s dynamic gas model supports scalability by maintaining affordable fees while optimizing network resources, ensuring a robust, user-friendly platform.
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