Update: The proposal for Coreum to join TX has passed!

The network migration will take effect at 00:00:00 EST on March 6th. Learn more about the details here.

Fees

Every token listed in the registry includes a configuration for the bridging fee.

This fee is earned by relayers for facilitating transaction relay. It is designed to cover their operational expenses while also ensuring a profit margin. The fee is deducted from the total amount sent by the user.

After a transaction is executed, the bridging fees are allocated to the relayers' addresses. These fees remain locked until a relayer manually claims them. The next section explain how to proceed.

Claim fees

  1. Enter the Docker container of the Relayer:

docker exec -it coreumbridge-xrpl-relayer sh

  1. Execute the claim fees command:

coreumbridge-xrpl-relayer coreum tx claim-relayer-fees --key-name coreum-relayer

  1. Enter the keyring passphrase when prompted.

You can then copy and past the transaction hash in the Coreum explorer to review it.

Fees are distributed on the Coreum Network.