Announcement: SIX Bridge Upgrade and Fee Adjustment to Optimize Efficiency and Liquidity

SIX Network

--

SIX Network has upgraded the SIX Bridge platform, introducing key adjustments to cross-network transaction fees. These updates aim to enhance scalability, liquidity, and overall service efficiency, ensuring a smoother experience for all users.

As part of this upgrade, SIX Bridge will be temporarily offline for maintenance from 1:00–3:00 PM ICT.

Here are the details of the changes:

Updated Fee Structure

SIX Protocol: Transaction fee adjusted from 25 to 50 GAS
Kaia Network and Binance Smart Chain: Transaction fee adjusted from 50 to 200 GAS
Ethereum (ERC-20): Transaction fee adjusted from 200 to 500 GAS
Rate limit for bridge transactions has increased from 200,000 to 500,000, allowing for higher transaction throughput.

SIX Bridge is more than a platform for cross-network transactions, it’s a key part of our growing blockchain ecosystem. By connecting networks seamlessly, SIX Bridge ensures a smooth and user-friendly experience.

With a growing user base, we’ve utilized transaction fees for long-term improvements, such as token burning initiatives we previously implemented, to boost efficiency and support sustainable ecosystem growth.

These updates reflect our commitment to building a more efficient and scalable blockchain for everyone.

SIX Network
Website | Telegram | Twitter | Facebook | Discord | Medium

--

--

No responses yet