Skip to main content

Transaction fee

Transformers network users need to pay a small amount of TTOS for interaction.Transaction costs aim to promote the economic development of Transformer more effectively.Some benefits of transaction costs to economic growth are described below.

  • Transaction costs effectively reduce spam in the Transformers network.

  • Users will contribute to the economic deflation of TTOS for a long time. TTOS will destroy 100% of the gas fees according to the agreement, and the transaction fees paid by users in high-frequency interaction will be destroyed in full, which provides excellent help to the economic deflation of Transformers.

  • The transaction fees paid by users in the Transformers network are consistent within a given time. The transaction costs will be calculated according to the account's UTXO occupation, network and storage resources. In the case of network congestion, the transaction fees paid by the users are still calculated in the above way.All transactions will be processed in chronological order.