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In this implementation we are increasing the fees linearly degree: 1.
We can increase the fee by increasing the weight to fee ratio, charging per byte in the transaction, enabling the FeeMultiplier, raising the base fee from 0, or ditching this and writing our own algorithm.
The transfer fee is currently exorbitantly low. This value should be investigated and made more suitable to protect the chain against DDOS.
The current implementation for calculating our fees is
fee = 0 + (0.001 × weight)
based on:In this implementation we are increasing the fees linearly
degree: 1
.We can increase the fee by increasing the weight to fee ratio, charging per byte in the transaction, enabling the FeeMultiplier, raising the base fee from 0, or ditching this and writing our own algorithm.
https://docs.substrate.io/reference/how-to-guides/weights/calculate-fees/
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