💲Transaction Cost

One of the key advantages of the Wherls ecosystem is its commitment to affordability and accessibility — achieved in part through its use of the Binance Smart Chain (BEP-20), which enables low-cost, high-speed transactions across the platform.

Whether users are buying NFTs, staking tokens, or transferring assets, Wherls ensures that costs are kept minimal without compromising on speed or security.

⚙️ Transaction Fee Structure

• NFT Transactions:

A minimal fee (e.g., 1–2%) is applied to marketplace transactions, a portion of which is redistributed to creators and Super Masternode validators.

• $WHERLS Token Transfers:

Near-zero fees for on-chain transfers using the native BEP-20 standard.

• Staking Operations:

Staking and unstaking transactions incur standard BSC gas fees, with no additional platform markup.

• Masternode Rewards:

Fees collected across the ecosystem contribute to masternode and staking pools, promoting decentralization.

🔄 Cost Optimization Features

• Gas Fee Discounts for $WHERLS Holders:

Users who pay in $WHERLS receive discounts on platform fees, incentivizing token utility.

• Batching Transactions (Planned):

Future updates may include batch processing to further reduce per-action gas consumption.

• Deflationary Mechanics:

A portion of all collected transaction fees may be burned or allocated to liquidity pools to support long-term token value.

By prioritizing low fees and efficient settlement, Wherls ensures that users of all experience levels — from first-time NFT buyers to power stakers — can participate in the Web3 economy without prohibitive costs.