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Gas and transfer fee updates on Octus Bridge! 🤩🤩🤩
The latest updates to fees on Octus Bridge are here! In case you weren’t aware, there are two types of fees on the bridge: gas fees, which are paid in native coins for blockchain interaction, and transfer fees, which are paid in transfer tokens for the service that the platform provides.
🔵Gas fees
Now when you transfer tokens from Everscale to any bridge-supported EVM network and vice versa, you can pay gas fees in native outbound network coins.
Everscale➡️EVM
Let’s imagine you transfer tokens from Everscale to BSC but you don’t have any BNB, the native coin of BSC. To make the transfer, you can pay the gas fees in EVER, the native coin of Everscale.
EVM➡️Everscale
Let’s say you transfer tokens from BSC to Everscale but you don’t have any EVER, the native coin of Everscale. To make the transfer, you can pay the gas fees in BNB, the native coin of BSC.
What's more, when transferring tokens from EVM to Everscale, you can specify the minimum amount of $EVER to be received on the Everscale side for additional needs in exchange for the native coin of the EVM network!
🔵Transfer fees
There are new transfer fees for all tokens, as all Octus Bridge Vaults have recently been switched to MultiVaults.
Everscale➡️EVM
No fee if the token was originally created on Everscale, and a 0.5% fee if the token was originally created in an external network.
EVM➡️Everscale
No fee if the token was originally created in an external network, and a 0.5% fee if the token was originally created on Everscale.
Exceptions are $USDC, $USDT, $DAI, $WBTC, and $WETH tokens, for which a 0.08% transfer fee is paid if they are withdrawn from Everscale, and no fee if they are deposited to Everscale.
👉 Read all about it in our detailed post
Broxus #OctusBridge
The latest updates to fees on Octus Bridge are here! In case you weren’t aware, there are two types of fees on the bridge: gas fees, which are paid in native coins for blockchain interaction, and transfer fees, which are paid in transfer tokens for the service that the platform provides.
🔵Gas fees
Now when you transfer tokens from Everscale to any bridge-supported EVM network and vice versa, you can pay gas fees in native outbound network coins.
Everscale➡️EVM
Let’s imagine you transfer tokens from Everscale to BSC but you don’t have any BNB, the native coin of BSC. To make the transfer, you can pay the gas fees in EVER, the native coin of Everscale.
EVM➡️Everscale
Let’s say you transfer tokens from BSC to Everscale but you don’t have any EVER, the native coin of Everscale. To make the transfer, you can pay the gas fees in BNB, the native coin of BSC.
What's more, when transferring tokens from EVM to Everscale, you can specify the minimum amount of $EVER to be received on the Everscale side for additional needs in exchange for the native coin of the EVM network!
🔵Transfer fees
There are new transfer fees for all tokens, as all Octus Bridge Vaults have recently been switched to MultiVaults.
Everscale➡️EVM
No fee if the token was originally created on Everscale, and a 0.5% fee if the token was originally created in an external network.
EVM➡️Everscale
No fee if the token was originally created in an external network, and a 0.5% fee if the token was originally created on Everscale.
Exceptions are $USDC, $USDT, $DAI, $WBTC, and $WETH tokens, for which a 0.08% transfer fee is paid if they are withdrawn from Everscale, and no fee if they are deposited to Everscale.
👉 Read all about it in our detailed post
Broxus #OctusBridge
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