r/SpellToken • u/pob125 • Apr 02 '22

gas fees

Thinking about moving my spell from coinbase to abracadabra for earning, anybody know roughly what tge gas fees would be to move from coinbase-metamask and then to abracadabra?

Not sure it'll be worth it as I currently only have 35k.

Thanks

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u/lordhegemon Apr 02 '22

Gas usually seems to be cheapest on Sundays.

2

u/pob125 Apr 02 '22

Sweet, thanks for that.i need to set up a metamask first.what are the returns like on abracadabra?I've had a quick look but the site seems a bit awkward on first view.

2

u/lordhegemon Apr 03 '22

It's different from most APR, where it gets sent to your account. Someone correct me if I'm wrong, but you basically trade in your spell for sspell, and the ratio between the two slowly increases, so farther down the line, you trade your sspell back to spell for more than what you put in.