Post
Polygon
·
--
BullishPolygon usage is going through the roof.
During a period of ATH usage, the network generated 13,600,000+ $POL in fees (up 7.2X) and burned 12,500,000+ POL (up 10X).
Following this period of ATH usage and heightened gas prices, the Dandeli hardfork has successfully stabilized gas costs on Polygon. At this juncture of Polygon’s growth we want to ensure the network remains as economical as possible to invite more and more users into the ecosystem.
What’s new: More capacity per block. More predictable fees when demand gets heavy.
• ~30% increase in network peak capacity
• gas target change to 65% from 50%
Throughput can now scale higher when demand is present, currently reaching 20mgas/s.
In the future, we will be working on making both gas limit and gas target dynamic so they can adjust to maintain gas fees at healthy levels making it suitable for the users while also making sure that the chain earns sufficient fees.
The Gigagas roadmap is in full swing for Polygon and primed to bring all money onchain.
We’ll be monitoring base gas closely over the coming days and fine-tuning parameters as needed. Upgrade at Block 81424000.
During a period of ATH usage, the network generated 13,600,000+ $POL in fees (up 7.2X) and burned 12,500,000+ POL (up 10X).
Following this period of ATH usage and heightened gas prices, the Dandeli hardfork has successfully stabilized gas costs on Polygon. At this juncture of Polygon’s growth we want to ensure the network remains as economical as possible to invite more and more users into the ecosystem.
What’s new: More capacity per block. More predictable fees when demand gets heavy.
• ~30% increase in network peak capacity
• gas target change to 65% from 50%
Throughput can now scale higher when demand is present, currently reaching 20mgas/s.
In the future, we will be working on making both gas limit and gas target dynamic so they can adjust to maintain gas fees at healthy levels making it suitable for the users while also making sure that the chain earns sufficient fees.
The Gigagas roadmap is in full swing for Polygon and primed to bring all money onchain.
We’ll be monitoring base gas closely over the coming days and fine-tuning parameters as needed. Upgrade at Block 81424000.