Hello I am searching documents about the fees mechanism around tokens based on this blockchain. In other words I have to understand how the fees payment is managed on this blockchain. If a token is used for payments it must pay fees in some way to Cosmos. Please could somebody send me to a proper wiki page? Thanks.
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Cosmos Network - Internet of Blockchains ā this is a link to the white paper that I found as I was curious about this as well. You can ctrl+F for āTransaction Feesā and they lay out that the transaction fees are decided by the validators. These collected transaction fees are subject to a 2% reserve fee which is saved in a reserve pool.
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Thanks to the reply, I will read. Thanks.
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The community tax aka āreserve feeā in the previous reply - has been increased from 2 to 10% with the Gov Prop 88.
The fees calculation and mechanism are explained in the new version of the documentation, search for āthe distribution schemeā (canāt add link yet, sorry)
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