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XLM $0.1567 -1.54%
ZEC $486.89 -1.35%
BTC $63,053.44 -0.02%
ETH $1,880.75 -0.11%
BNB $605.34 -0.79%
XRP $1.00 -0.43%
SOL $75.47 -0.04%
TRX $0.3307 -0.65%
DOGE $0.0697 -0.76%
ADA $0.1766 -2.30%
BCH $203.00 -1.46%
LINK $9.36 -1.15%
HYPE $56.99 +1.17%
AAVE $86.29 -0.86%
SUI $0.6752 -1.39%
XLM $0.1567 -1.54%
ZEC $486.89 -1.35%

Pandora: is developing ERC-404 V2.1 version, which may significantly reduce Gas fees

2024-02-13 20:16:52

ChainCatcher message, the ERC-404 project Pandora posted on platform X stating that it is currently developing the ERC-404 V2.1 version. The gas cost testing data after operation shows that compared to the previous ERC-404 V1 version, the new version's minting and transfer gas costs may be significantly reduced, specifically:

  • Minting gas fee reduced by approximately 28%;

  • Transfer gas fee reduced by approximately 50%;

In addition, the gas fee for burning tokens has increased by about 80% (due to the reuse of token IDs, which is expected).

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