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Questions tagged [fees]

For questions regarding the fees and fee structure in the Stellar Network.

1
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2answers
41 views

How much should I pay nodes?

Disclaimer: I'm not a developer and just started venturing the blockchain and Stellar worlds Until this morning, my understanding was that miners get compensated for their work by getting gas/...
2
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1answer
28 views

From where is the transaction fee for a custom token (build on Stellar) that is charged by Stellar Network?

From where is the transaction fee for a custom token (build on Stellar) that is charged by Stellar Network? Is it from the custom wallet (I know the only possibility will be in XLM)? From whose ...
0
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1answer
53 views

How much does it cost to exchange 100 USD for EURs on Stellar Network?

I'm new to Stellar technology and I have some doubts about the Anchors. As I understand it, the "key point" in transfer real fiat money on the network is the Anchor. An Anchor is a trusted entity ...
1
vote
1answer
41 views

How to properly set `baseReserve` & `baseFee` to 0

I ran a basic private network with the line COMMANDS=["upgrades?mode=set&upgradetime=1970-01-01T00:00:00Z&basefee=0&basereserve=0"] inside of my stellar-core.cfg file on all of my nodes (5 ...
1
vote
1answer
68 views

Stellar standalone and network fees

I am building a non-financial app using Stellar. Basically the app is going to transfer assets between accounts. So I want to run a few standalone nodes under same (private) network. As far as I ...
4
votes
1answer
55 views

Does stellar takes fee for resolving a federated address?

I did a transaction from my one of my stellar accounts to my federated stellar address which is under another account. But while sending I made the mistake of not giving the complete federated address ...
3
votes
1answer
91 views

What's the business model for being an anchor?

we are looking at becoming an anchor for assets like BTC and ETH, but I don't understand what the business model would be for that. Do any of the current anchors for these assets charge any fees? For ...
2
votes
1answer
29 views

How to compute for fees in multi currency transaction

Is there a way to compute for the fees involved in a multicurrency transaction, and how does stellar choose a path, say for example I would like to send USD to someone in the US using Euros? Is there ...
3
votes
1answer
98 views

Can a token issued on Stellar determine its own transaction fees?

Would a token that plans to take an additional percentage Lumens for transaction fees be possible to create on the existing Stellar network?
2
votes
1answer
61 views

Benefit of overpaying fees

It is possible to specify an overpayment of network fees. For example, here I've paid 999 stroops instead of 100 for a single operation. Does this benefit the sender under any circumstances?
4
votes
1answer
139 views

Is it possible to create a private stellar network without transactions fees?

I am trying to create a private stellar network that is not geared towards financial transactions. So transactions fees would not make sense. I would like new block to be created without any fees. ...
2
votes
2answers
65 views

What is the policy for changing base fee?

In December the base fee was changed due the steep rise in XLM value as answered here. I am looking forward for the next change, and wonder if that's the only reason. My question is, what is the ...
4
votes
1answer
72 views

How are changes in the stellar protocol implemented?

Recently there was a lowering of the base fee from 10 to 0.5 lumens. Typically in a blockchain such a change would require a hard fork. How did all the validators agree to accept the new limit? Did ...
4
votes
1answer
210 views

What is “Bump Sequence”?

There is currently a new operation proposal on stellar's github to add a bump sequence. What does this mean, why is it being implemented, and how does it impact stellar developers? Bump sequence ...
6
votes
2answers
112 views

Reason for base fee change?

According to the documentation, the base reserve (0.5 XLM) and base fees (0.00001 XLM) are fixed, but over time they will likely be changed: The base reserve and base fee can change, but should not ...
12
votes
4answers
266 views

Does every transaction on Stellar need XLM as a bridge between 2 assets?

Do we need XLM for every transaction as a bridge currency or only where asset pairs are not established? (I'm not talking about the transaction fees in XLM which are always due)
4
votes
1answer
298 views

Do transaction fees scale with the size of the transaction?

Does the transaction fee increase with larger transfers of XLM? If so, by how much?
13
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2answers
260 views

Are there any steps taken to prevent spamming the Stellar network?

Many wallets have recently received a transaction with advertisement for an inflation pool in the memo text. With a fee of 0.001 XLM, massively spamming the Stellar network seems to be pretty cheap. ...
6
votes
2answers
86 views

How is Stellar base reserve voted?

Stellar tweeted a couple days ago: Validators on the @StellarOrg network just voted to lower the base reserve to 0.5 #XLM which makes the cost of creating accounts and orders inexpensive again ...
2
votes
4answers
93 views

Send funds with Fees Included or Not Included?

Is it possible, to program in an option for sending funds minus fees, or plus fees? To have a choice, depending on the situation. For example, I want to use Lumens to pay for coffee, it's $5.00. ...