Post
Topic
Board Tokens (Altcoins)
Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold
by
hulla
on 17/04/2020, 13:46:44 UTC
With these day of nice growth of GOLD price, I got to see myself how storage fee works and I think I've seen a problem.

The website tells that the fee is 0.0027% per day.
I had 5.94 GOLD and although the calculation would say:
fee = 5.94 * 0.0027 / 100 = 0.00016038 GOLD,
my wallet was paying 0.001 GOLD, which is 6 times more.

I'm also curious that since now I have only 0.024 GOLD (which I hoped I can convert into some ETH change for gas and I've seen late that it's under the minimum limit) I'll still pay 0.001 GOLD / day?
I think that some fine tuning is necessary. And yes, I know that you have only 3 decimal places and the contract is live, so I don't know what a fair solution would be.



If you store your tokens on any exchange we do not changes fees.

Regards,
Support Team @ Digital Gold
https://gold.storage
To avoid misconception because it seems you make a mistake. Do you mean you dont charge fees for token kept on exchange? If you dont charge less than 0.001Gold, is the fee only applied for working days or round the clock?