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ETH $2,295.94 -3.13%
BNB $625.91 -1.53%
XRP $1.40 -2.31%
SOL $84.73 -2.58%
TRX $0.3250 +0.47%
DOGE $0.0988 -0.59%
ADA $0.2479 -1.69%
BCH $448.98 -1.24%
LINK $9.30 -1.91%
HYPE $41.58 -2.13%
AAVE $97.59 +0.93%
SUI $0.9338 -1.44%
XLM $0.1658 -2.98%
ZEC $355.85 +0.02%

Pandora: is developing ERC-404 V2.1 version, which may significantly reduce Gas fees

2024-02-13 20:16:52
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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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