🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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Tron has voted to drop network fees by 60%.
PANews News, August 29 - According to DL News, Tron (波场) decided to reduce transaction fees by 60% after the network usage cost doubled last year. On Friday, the proposal to lower the fees was approved in the voting by the network block producers. Sun Yuchen stated in a post on the X platform announcing the approval of the vote: "In the short term, Tron’s profitability will be affected as the network fees are directly reduced by 60%, but in the long run, with the increase in users and transaction volume on the Tron network, profitability will improve." He added that in the future, Tron super representatives will review the network fees quarterly.