Fixed Fees

A locked fees model for transactions

To make the transaction costs more predictable and practical for many projects where transaction fees matters as a fundamental concern, the Vanar chain has introduced a pioneering approach to the transaction fees with the implementation of a fixed fee model. This innovation ensures that transaction costs remain stable, unswayed by the specific type or magnitude of the transaction being conducted. The overarching objective is to provide users with a seamless and predictable experience, as transaction fees for 90% of transaction types are designed to stay in the vicinity of $0.0005.

This fixed fee structure represents a significant leap in the world of blockchain technology. By maintaining consistent and affordable transaction fees, Vanar chain stands as a beacon of user-friendliness and financial predictability within the blockchain ecosystem. Users can conduct transactions with confidence, knowing that the cost remains the same, regardless of the nature of their engagement with the network. This enhancement not only simplifies the user experience but also offers a powerful tool for businesses and developers to create frictionless, cost-effective blockchain applications and services.