Why are users deciding to build here?
Community Fee
The community provides all of the resources that are needed to train AIGC models and generate text or images, such as algorithms, models, GPU power, data labelling, data storage, etc. Users of the Chain can select the resources they need and directly pay the community fees to the contributors through smart contracts. 70% of the community fees go directly into the contributor's wallet, and 30% go into the AIGC Chain's treasury fund for ecosystem development.
Transaction Gas Fee
Gas Fee is a fee paid to the miners of the AIGC Chain. When a user makes a transfer on the blockchain, the miner (formerly known as a node) needs to package and record the transaction on the AIGC Chain block for it to be completed. This process consumes the node's computational resources and therefore incurs a miner fee.
In EVM-compatible chains, the fee is determined by the Gas Price (unit price) and the consumed Gas Limit (quantity).
The calculation formula is as follows:
The Gas Limit quantity is primarily affected by the complexity of the operations in the smart contract. The more operations, the higher the Gas Limit. The Gas Price is set by the initiator and the higher the price set by the initiator, the faster their transaction will be packaged by the nodes/miners. Gas fee is the transaction fee paid to the validators of AIGC Chain and cannot be refunded.
Last updated