matter-labs / zksync

zkSync: trustless scaling and privacy engine for Ethereum
https://zksync.io
Apache License 2.0
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Very high gas disincentivizes liquidity providers #595

Closed FabioT81 closed 2 months ago

FabioT81 commented 4 months ago

After trying to sell an nft on Ethereum worth $40 (gas $148), I tried to provide liquidity on Syncswap (Era) but again I had to give up because I would have had to pay $4.74. For a Layer2 this is an insane figure. A few days ago I gave up trading on Holdstation because the gas to pay for a simple swap was very high, $4.8. No, that's not good. This is a huge limitation for our L2. 90% of users cannot afford to pay those amounts. Network congestion cannot be a valid justification.

sync

nathanlwb commented 2 months ago

I understand your frustration with the high fees on Layer 2 like zkSync especially during busy traffic. However, after the recent DenCun upgrade, the gas fee has been significantly reduced.