Questions tagged [fees]

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

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1
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1answer
17 views

How to enable transaction fees with multi-sig?

Consider a digital bank with deposits of different assets and transactions between digital wallets. All transactions have mandatory transaction fees, collected by the bank. An interesting approach to ...
1
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1answer
18 views

How to configure native currency in a private network

I would like to know how we can configure the native currency in a private network? I would like: Change the name of the native currency Change the number of native currency created in the first ...
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0answers
12 views

it is possible to create a specific transaction fee for my asset?

After creating a new asset on the stellar network, for example XMM, is it possible to specify a transaction fee for this asset?
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2answers
50 views

is it possible to make money from Token transaction fees?

it is possible te deduct commission when from the token used for every transaction. let's assume the token name is "Xtoken" User "A" send "1000 Xtoken" to user "B", the stellar network will deduct ...
0
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1answer
27 views

SEP 0024 Question: Where do the /info response fields referenced below come from?

I'm trying to develop an anchor server and going through the SEP0024 documentation. The documentation says "Provide a full-featured implementation of /info". Where does one find or create the fields ...
4
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1answer
50 views

Why higher than base fee is charged when activity is below capacity?

According to the official fee documentation: When network activity is below capacity, you pay the network minimum, which is currently 100 stroops (0.00001 XLM) per operation. However, I found ...
1
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1answer
22 views

How much stellar core nodes i need to maintain to grant free transactions for me?

In other words, is it possible to compensate any fees taken by transactions by keeping up validator nodes? And if so, how many nodes per which amount of operations should be used? Or keeping nodes is ...
0
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1answer
26 views

Will a market offer trigger a new subentry?

A market offer is, for example, a bid offer that takes on an outstanding ask offer at the same price and amount, and vice versa. Since the offer will get filled immediately, will the network reject ...
2
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1answer
58 views

Why failed transactions are not shown in Horizon in any way?

Anything I can get of the Horizon about the failed transactions is their count in a ledger. No other info is shown about them. Currently, no one can calculate lumen balance using horizon only because ...
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0answers
58 views

How to update the transaction fees in private network - normally it is 100 stroops

I have updated the config file by putting the below value COMMANDS=["upgrades?mode=set&upgradetime=1970-01-01T00:00:00Z&basefee=1&basereserve=1"] By using the command stellar-...
3
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1answer
222 views

How can I close a Stellar Account?

According to the Minimum Account Balance information, the account has to have (2 + # of entries) * 0.5) XLM deposited to support transactions. Let's say there is an account with 0 trust lines and 1 ...
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2answers
101 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
74 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
72 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
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1answer
74 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 ...
2
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1answer
183 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
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1answer
68 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
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1answer
145 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 ...
3
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1answer
45 views

How to compute for fees in multi currency transaction

Is there a way to compute 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 a ...
4
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1answer
135 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?
7
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1answer
131 views

Benefit of overpaying fees

It is possible to specify an overpayment of network fees. For example, on the test network I paid 999 stroops instead of 100 for a single operation. Does this benefit the sender under any ...
5
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1answer
251 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
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2answers
82 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 ...
6
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1answer
107 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
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1answer
370 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
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2answers
151 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
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4answers
331 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
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1answer
347 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
324 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. ...
7
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2answers
116 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
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4answers
110 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. ...