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Transaction Fees

Basics
Each transaction on Fantom requires a transaction fee paid to the network in order to prevent spam attacks and reward validators for processing transactions. The fee is paid in FTM (Fantom's native token).
Rewards distribution
Rewards distribution is fully controlled by an SFC contract. The SFC contract can be upgraded by governance at any time without a hard fork. The current distribution of transaction fees are:
5% burned
10% to the Ecosystem Vault
15% to the Gas Monetization program
70% to validators
To learn more about the validator economy employed on Fantom, please refer to our Github.

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Last modified 4mo ago