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XLM $0.1567 -1.46%
ZEC $486.43 -1.07%
BTC $63,006.19 -0.03%
ETH $1,878.50 -0.05%
BNB $605.45 -0.80%
XRP $0.9999 -0.40%
SOL $75.31 -0.02%
TRX $0.3310 -0.39%
DOGE $0.0696 -0.54%
ADA $0.1768 -1.53%
BCH $203.03 -1.10%
LINK $9.36 -0.71%
HYPE $57.05 +1.56%
AAVE $85.95 -1.13%
SUI $0.6742 -1.66%
XLM $0.1567 -1.46%
ZEC $486.43 -1.07%

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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