Announcements, News

June 2022 KLAY gas fee burn

The third scheduled burning of the net difference in gas fees that was implemented with v1.8.0 has been completed.

A total of 356,815 KLAY were burned for the period of 1 June to 30 June, calculated from blocks 92150380 to 94739202. The difference in amount burned in June compared to April and May is primarily due to the reduction in gas price from 750 ston to 250 ston that went live on 22 May 2022.

The burn transaction can be viewed here.