Post
Topic
Board Altcoin Discussion
Re: Nearly 12% transaction fee on the ERC-20 platform!
by
jrrsparkles
on 19/12/2020, 05:59:55 UTC
Hey folks,

Today I was really surprised when traders are willing to pay nearly 12% transaction fee to get slot to buy token of SpiderDAO.
As far as I know the way to join SpiderDAO's Presale is first come first serve, only 100 fastest people are chosen to buy tokens.  So traders must choose Gas price more than 500 wei to scramble for slots.


Here's a picture I gathered from a member of SpiderDAO Presale's participation

What do you think about Defi's hype this time?  Why are people willing to pay such a large fee like that ?  Undecided
Probably someone from the team himself buying it to give a hype to their names Cool

We are still in the DeFi hype? I thought we moved to next stage of cryptocurrencies bullish season.