horsefacts πŸš‚ pfp
horsefacts πŸš‚
@horsefacts.eth
Today's fees to the Farcaster protocol (~$4900) exceeded 1 day fees on Cardano. (And we didn't have to write any Haskell) https://cryptofees.info/
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vrypan |--o--| pfp
vrypan |--o--|
@vrypan.eth
Which address do the fees go to?
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horsefacts πŸš‚ pfp
horsefacts πŸš‚
@horsefacts.eth
The StorageRegistry: https://optimistic.etherscan.io/address/0x00000000fcce7f938e7ae6d3c335bd6a1a7c593d#code
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nalo pfp
nalo
@nalo
How are these fees managed? I am not seeing a page on fees on the docs, would love to learn more! https://docs.farcaster.xyz/
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horsefacts πŸš‚ pfp
horsefacts πŸš‚
@horsefacts.eth
I think you found this, but: 1) fees accrue in the storage contract and can be withdrawn to a 3/5 multisig. 2) they will be used to broadly benefit the protocol, not Warpcast. 3) our guess is that they will be pretty minor in year one. (but we could be wrong). https://warpcast.com/horsefacts.eth/0x48d541ed
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