Gas Fee Saving Tips - Every Transaction Counts
Every Gas fee is eroding your profits! @lista_dao teaches you how to maximize the reduction of transaction costs!
Although operating on the BNB Chain is relatively cheap in terms of Gas fees, the cumulative cost over time can still be significant. Mastering saving techniques can significantly enhance your net profits.
Timing Strategy: Gas fees on the BNB Chain vary significantly at different times. Typically, the network is least busy and Gas fees are lowest between 0-6 AM UTC (8 AM to 2 PM Beijing time). If you are not in a hurry, scheduling your transactions during this time can save you 30-50% in costs. Weekends are usually cheaper than weekdays as well.
Batch Operation Principle: Avoid frequent small transactions. Instead of borrowing 100 USD1 every week, consider borrowing 400 USD1 in one go each month. The Gas fee for a single transaction may be 0.5 USD, but it can accomplish the work equivalent to four small transactions. This way, Gas fee efficiency increases by 4 times.
Smart Contract Optimization: Lista DAO offers a "one-click lending" feature, integrating multiple steps like collateral, borrowing, and transferring into a single transaction. Compared to manual step-by-step operations, this can save over 50% in Gas fees. Prioritize using these optimized features.
Amount Threshold Setting: Set a minimum transaction amount threshold. For example, "each transaction must be at least 1000 USD1," making the Gas fee proportion less than 0.1%, which can be completely ignored. If your capital is small, you should reduce the frequency of transactions, ensuring that each Gas expenditure is worthwhile.
Assuming you operate 24 times a year, saving 0.3 USD each time through optimization, you would accumulate a saving of 7.2 USD. For a principal of 10,000 USD, this equates to an additional profit of 0.072%. Don’t underestimate this number; over ten years, it amounts to 72 USD, and with compound interest, it becomes even more substantial!
#USD1 Best Financial Strategy ListaDAO's efficient design is already helping you save money. $LISTA The ecosystem continuously optimizes contracts to reduce costs, @lista_dao ensures that every penny is well spent!
