Hi everyone, I’m looking into Kai-Ching (KaiKaiNow’s stablecoin) TXs on Near Blocks and I have a couple of questions: 1.In all three of below’s TXs the value of Ka-Ching claimed is far lower than the TX fee of the claim (sometimes orders of magnitude difference). 9FUQBxZ68W6ZnHN2icadtadJAxEoUAkLdT…

Would be interested to see anyone giving some feedback here. Kai-Ching is one of the biggest apps on NEAR.

I have also recently done some analysis about Kai-Ching, here’s my guess: I think it is automated transaction because Kai-Ching functions as stablecoin inside KaiKai and points for facilitate user’s activity, and Kaikai covers the Tx fee for the user, so whether it makes any economic sense doesn’…

[image] krugo2082: I assume the purpose of these TXs is to top-up the earn.kaiching wallet in order to perform payouts? Again the question why even do some of those TXs if the NEAR gas fee is greater than the token transfer value? And why not choose for larger/batched top ups? I can’t say for…

KaiKaiNow / KaiChing

Ecosystem

haenko July 10, 2024, 4:53pm 3

NF does not use this forum anymore

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KaiKaiNow / KaiChing

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