Costs of Transfering USDT (TRC-20 Tokens, Smart Contracts) on Tron NetworksteemCreated with Sketch.

in Witness Activities3 years ago

image.png

Operations on blockchains are not free. It costs something. On steem blockchain, transfering funds (STEEM or SBD) costs some RC - but it is trivial.

However, on Tron Blockchain, transfering the USDT (or other TRC-20 tokens which are smart contracts), it costs a lot more.

Regardless the amount, it costs 345 Bandwidth, and 29650 Energy to trigger a smart contract.
image.png

To obtain bandwidth or energy, you would need to stake the TRX. Here is a rough estimation:

1 TRX = 1 Bandwidth
image.png

1 TRX = 26 Energy
image.png

Thus you would need to stake a roughly 345 TRX for bandwidth and 1140 TRX for energy to be able to perform a transfer of USDT.

Noted that the bandwidth and energy recovers within 24 hours.

If the energy or bandwidth is not enough, TRX will be consumed.

See Resource Model for more details.

Also noted that, the costs of transfering TRX is different. It only costs roughtly 250 Bandwidth (0 Energy) to make a TRX transfer.


Follow @justyy - author of https://steemyy.com

Sort:  

Dear @justyy

This comment isn't related to your topic, but we promise that it is not a spam comment.

Allow me to take an opportunity to invite you to interesting initiative aiming to PROMOTE STEEM blockchain:
https://steemit.com/hive-175254/@crypto.piotr/help-steemit-grow-my-personal-suggestion-on-how-to-bring-more-demand-for-steem-join-discussion

Hopefully you will find this initiative worth your time and attention :)

Congratulations!

Your post has been rewarded by the Seven Team.
Delegate Steem Power to @steem-seven or Cast your vote to @seven.wit witness! This way you will be supporting this initiative.

Support partner witnesses

@cotina
@bangla.witness
@xpilar.witness

We are the hope!