Stablefees and the Decentralized Reserve System - IOHK Blog

Stablefees and the Decentralized Reserve System - IOHK Blog

IOHKIOHK10 Jun 2021 | 18:42 pm
Cardano’s Stablefees aims to make transaction fees fair, stable, and predictable over time. It uses a native “decentralized reserve” contract that issues and manages a stablecoin pegged to a basket of commodities or currencies. The stablecoin is the currency used for paying transaction fees (and all other real-world pricing needs of the platform).