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Transaction Fees
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 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
Last modified 4mo ago