Gas fees on the AXIA Network are very low and will stay low. The actual cost per transaction on the AXIA Network CoreChain depends on:
- The length or the byte size
- The weight
- Optional prioritization of the transaction
- The value of AXIA Coin relative to USD
Unique to AXIA is that the total amount deducted from the sender will then be burned, reducing Total Supply of AXIA Coin. Therefore unlike any other network, AXIA will burn 100% of all gas fees providing a significant economic advantage for all participants on the network, as the constant reduction in Total Supply after each block creation will provide ongoing value for all AXIA community members.
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