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yashwant🎩
@ywc
Fees on base going insane!!! counting days for dencun update!
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wbnns.base.eth 🔵
@wbnns
This is most likely due to the L1 portion of the fee; it is higher because that cost is not on Base (it's on ETH mainnet where fees are very high; several orders of magnitude higher) https://i.imgur.com/X2OvKjl.gif
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yashwant🎩
@ywc
Yes, true. Last month, fees on ethereum averaged between 17-35 gwei. Fees on base were usually around $0.16–$0.5 depending on the tx. At the moment, there's a 10x–15x hike in fees
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ethen
@ethen
I did a swap on base earlier and it was $1.44
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