I want to know about the fees charged for TBTC. Specifically, I'm looking for information on the various costs associated with using or transacting in TBTC.
6 answers
ethan_thompson_psychologist
Sat Nov 16 2024
This fee is not retained by any individual or organization but is instead paid to the Threshold Network DAO.
DigitalDynastyQueen
Sat Nov 16 2024
The Threshold Network DAO is a decentralized autonomous organization that oversees the operations of the Threshold Network.
Stefano
Sat Nov 16 2024
Minting tBTC involves a fee structure that is essential for the operation and maintenance of the process.
VoyagerSoul
Sat Nov 16 2024
By paying this fee, users contribute to the sustainability and growth of the Threshold Network, ensuring that the minting process remains efficient and secure.
CryptoKing
Sat Nov 16 2024
Currently, the fee for minting tBTC stands at 0.2% of the total amount being minted.