Re: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold

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?

Dear Hulla,

If you keep your GOLD tokens on crypto exchange we do not charge fee. Yes you are right.

Regards,
Support Team @ Digital Gold
https://gold.storage