What is the current expected gas cost for common types of Augur transactions, such as market creation, placing an order and voting market outcomes?
Some very ballpark gas estimates for common transactions in MVP:
- Market Creation: 3000000
- Contributing to a dispute: 350000
- Placing an order: 450000
- Filling an order: 750000
Market creation cost will likely always cost enough through bonds and other initial deposits to make the gas cost there insignificant.
Trading is next on the list of improvements to the platform in general and we expect to greatly reduce gas costs.
Eventually if we can move more and more of the platform into off chain components the fees charged for basic interactions should decrease to a negligible amount.