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BTC $62,700.00 -1.81%
ETH $1,869.23 -1.26%
BNB $604.46 -0.87%
XRP $1.00 -0.46%
SOL $75.28 -1.52%
TRX $0.3326 -0.56%
DOGE $0.0695 -0.94%
ADA $0.1785 -3.35%
BCH $200.36 -6.16%
LINK $8.80 -0.31%
HYPE $55.58 -4.44%
AAVE $85.68 -3.32%
SUI $0.6758 -2.42%
XLM $0.1598 -0.64%
ZEC $482.74 -2.48%

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

2024-02-13 20:16:52

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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