Dear AVAX Validators,
we want lower gas fees! So:
1. Open your C-Chain config (e.g. ~/.avalanchego/configs/chains/C/config.json)
2. Add: "min-price-target": 1
3. Restart your node
The floor is a stake-weighted vote (ACP-283), so every validator counts 🔺
Thanks from your C-Chain users ❤️
Transaction costs on $avax are up 75x. Time to turn off a bunch of my bots.
I get both sides: cheap gas vs paying validators (I guess is the reason).
But Avalanche went from one of the cheapest chains to pricier than Base, BNB, Robinhood and Polygon in under a week.
I bet this pricing will be rolled back or reduced at some point. Blocks aren't anywhere near full and is super expensive.
BREAKING: Goldman Sachs is bringing its $100B flagship Treasury fund to Avalanche
The fund will be offered through Lynq, a private, permissioned Avalanche L1 used by 30+ institutional digital asset firms, including B2C2, Wintermute, Galaxy, FalconX, and Fireblocks.
This gives institutions a way to put cash to work between trades and earn yield without leaving the infrastructure they already use.
genjutsu is now live on @makooorX
even better for the next 5 days starting now.. buy credits using $usdc on avax c-chain, and get a full credits refund at the end of the campaign (only on genjutsu usage, only newly purchased credits)
so basically, generate video2videos for free for the next 5 days
3 credits/s for 480, and 6 credits/s for 720p
the video arc begins
Banks and asset managers are asking a fair question: what can blockchain actually do for their customers? At this point, our industry should have a clear answer.
I wrote for @AmerBanker about the shakeout underway as the industry matures