What's going on with Ethereum Gas Fees?
This is a real theft, unacceptable. The Ethereum Blockchain records such a number of transactions that those who wish to operate within it will have to carry large commissions. The signing of the smart contract and the corresponding fee for the Trade made in the Exchange.
Yield farming, lending platforms and DeFi banks are literally succeeding. People come like flies to honey wanting to put their savings to make them profitable and enjoy APYS between 5 and 20%. The tokenization of cryptocurrencies allows many platforms to launch into the blockchain world and thus offer network users opportunities to generate income.
The problem is that there is a lot of demand, too much. Ethereum 2.0 has to arrive as soon as possible. In games like Axie Infinity or Gods Unchained, the simple act of authorizing a transaction of at best $ 3 or $ 4 is a $ 50 fee. I'm not kidding, $ 50 can be charged to just accept a gift or list an NFT for sale. Many people have been forced to freeze their funds at the expense of ETH 2.0 arriving soon. He commented on it in this morning's article. Blessed be Binance Smart Chain.
As the ethereum network continues to saturate, it is not ruled out that the fees reach 100 dollars. Wait and be patient or let them rob you. It's up to you. This morning I tried to withdraw my CRT tokens from Dualmine and they wanted to charge me 7 dollars for the transaction to withdraw 30 dollars which was my accumulated amount. More than 20% of my profit.
any ideas?