Jan 10, 2024 1:51 pm
SKALE Chain Pricing is launched on the mainnet
According to official news, Ethereum side chain SKALE announced that SKALE Chain Pricing has been launched on the main network, and the first payment will be made on February 1.
SKALE Chain Pricing is the second of the three strategic stages of SKALE’s economic model transformation. SKALE does not charge end-user gas fees and pays validators and stakers by charging fees for the use of the chain. This stage aims to bring the pricing of the SKALE chain to a level where validator hardware is profitable, and set a target load price, that is, each chain will pay $1 million worth of SKL tokens per year at a network load of 70%. The pricing is based on Sliding scale.