BitShares Committee
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[Discussion] Blockchain Fees Update Schedule & USD values
16 Mar 2018Hello,
Due to the latest fees adjustment proposed and approved by the committee which will be active once the review period ends, a topic/poll to discuss possible changes to the USD value of fees as well as the updating schedule has been posted on bitsharestalk.org
As it stands now, there is a table of somewhat agreed upon fees in USD terms.
The drop in BTS valuation is what led to the latest fee adjustment by the Committee as fees had to be 627% in BTS terms to reach the same USD values.
The new fee proposal is here: http://cryptofresh.com/p/1.10.8736 (link active until voted-in) and should activate Saturday, March 17th.
Please join the bitsharestalk.org forums and vote on how often the committee should adjust BTS fees to match USD values. Please also comment if you believe any fee types’ USD values must be changed.
The current agreed USD values for various fees can be found below:
| Operation | Fee in USD |
|---|---|
| fee price for transfer | 0.018 USD |
| price_per_kbyte price for transfer | 0.01 USD |
| fee price for limit_order_create | 0.001 USD |
| fee price for limit_order_cancel | 0.0001 USD |
| fee price for call_order_update | 0.001 USD |
| price_per_kbyte price for account_create | 0.007 USD |
| premium_fee price for account_create | 5 USD |
| basic_fee price for account_create | 0.1 USD |
| fee price for account_update | 0.001 USD |
| price_per_kbyte price for account_update | 0.007 USD |
| fee price for account_whitelist | 0.1 USD |
| membership_lifetime_fee price for account_upgrade | 120 USD |
| fee price for account_transfer | 5 USD |
| price_per_kbyte price for asset_create | 0.01 USD |
| symbol3 price for asset_create | 8000 USD |
| symbol4 price for asset_create | 2000 USD |
| long_symbol price for asset_create | 50 USD |
| fee price for asset_update | 2 USD |
| price_per_kbyte price for asset_update | 0.007 USD |
| fee price for asset_update_bitasset | 5 USD |
| fee price for asset_update_feed_producers | 5 USD |
| fee price for asset_issue | 0.018 USD |
| price_per_kbyte price for asset_issue | 0.01 USD |
| fee price for asset_reserve | 0.001 USD |
| fee price for asset_fund_fee_pool | 0.5 USD |
| fee price for asset_settle | 0.05 USD |
| fee price for asset_global_settle | 5 USD |
| fee price for asset_publish_feed | 0.0001 USD |
| fee price for witness_create | 50 USD |
| fee price for witness_update | 0.01 USD |
| fee price for proposal_create | 0.15 USD |
| price_per_kbyte price for proposal_create | 0.05 USD |
| fee price for proposal_update | 0.005 USD |
| price_per_kbyte price for proposal_update | 0.007 USD |
| fee price for proposal_delete | 0 USD |
| fee price for withdraw_permission_create | 0.15 USD |
| fee price for withdraw_permission_update | 0.01 USD |
| fee price for withdraw_permission_claim | 0.0144 USD |
| price_per_kbyte price for withdraw_permission_claim | 0.007 USD |
| fee price for withdraw_permission_delete | 0 USD |
| fee price for committee_member_create | 5 USD |
| fee price for committee_member_update | 10 USD |
| fee price for committee_member_update_global_parameters | 0 USD |
| fee price for vesting_balance_create | 1 USD |
| fee price for vesting_balance_withdraw | 2 USD |
| fee price for worker_create | 50 USD |
| fee price for custom | 0.01 USD |
| price_per_kbyte price for custom | 0.05 USD |
| fee price for assert | 0.5 USD |
| fee price for override_transfer | 1 USD |
| price_per_kbyte price for override_transfer | 0.007 USD |
| fee price for transfer_to_blind | 0.21 USD |
| price_per_output price for transfer_to_blind | 0.07 USD |
| fee price for transfer_from_blind | 0.21 USD |
| fee price for asset_claim_fees | 1 USD |