BREAKING
139d 6h ago
BNB Chain Validators Propose 50% Gas Cut to 0.05 Gwei and 450ms Blocks to Slash Fees to ~$0.005, Targeting $0.001
BNB
BNB/USDT
$647.23
+1.19%
$647.23
+1.19%
(24s)24h Volume
$689,589,079.15
24h H/L
$655.51 / $637.61
Change: $17.90 (2.81%)
Long/Short
72.8%
Long: 72.8%Short: 27.2%
Funding Rate
-0.0064%
Shorts pay
Data provided by COINOTAG DATALive data
COINOTAG reported on September 24 that BNB Chain validators have proposed cutting the minimum Gas from 0.1 Gwei to 0.05 Gwei and reducing the block interval from 750ms to 450ms. If adopted, the adjustments would lower the estimated transaction fee to roughly $0.005, enhancing BSC‘s fee competitiveness against base Layer 1 networks.
The proposal also codifies a governance principle: when on-chain staking yield remains above 0.5%, the protocol should pursue the lowest sustainable Gas fee. The roadmap cites a long-term target near $0.001 per transaction, contingent on validator approval and ongoing network risk assessments.
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