I think it used to be a static number, but with the price rising over the last month, that became too expensive :) Not sure if it's dynamically calculated now, of if they just lowered it. Either way, I'm now a member :D
The committee member review fees periodically or after a large price change and propose updates to keep fee's inline with a USD reference.
BTS holders then have the ability to accept or decline those changes by way of voting.
So it is not dynamically set at the moment, but the community and committee members do keep an eye on price changes and strive to provide cheap services on the network
I think it used to be a static number, but with the price rising over the last month, that became too expensive :) Not sure if it's dynamically calculated now, of if they just lowered it. Either way, I'm now a member :D
The committee member review fees periodically or after a large price change and propose updates to keep fee's inline with a USD reference.
BTS holders then have the ability to accept or decline those changes by way of voting.
So it is not dynamically set at the moment, but the community and committee members do keep an eye on price changes and strive to provide cheap services on the network