The cost paid by a user to incentivize miners to include their transaction in a blockchain block.
The cost paid by a user to incentivize miners to include their transaction in a blockchain block. Setting up a $50K-$50M DLC loan with Lygos Finance requires standard Bitcoin network fees for the funding transaction, which remain negligible compared to the size of the loan principal.
Network fees, or miner fees, fluctuate based on supply and demand for block space. When the network is heavily congested, users must attach higher fees to ensure their transactions confirm quickly. In Bitcoin, fees are calculated based on the data size of the transaction (in bytes), not the financial value being sent.
Setting up a $50K-$50M DLC loan with Lygos Finance requires standard Bitcoin network fees for the funding transaction, which remain negligible compared to the size of the loan principal.
Understanding Network Fee helps you evaluate how different platforms handle your Bitcoin. Not all custody models are equal, and the technical details determine whether your BTC is truly safe.
Starting at 10% APR, $0 origination fees, and DLC-secured collateral on the Bitcoin blockchain.